Iran’s Economy Can Absorb $300 Billion Targeted in MOU

Iran’s economy is large relative to its current external liabilities stock, which sits at a minuscule 2.5% of GDP.

By D.A. Leusder

The Islamabad Memorandum of Understanding (MOU) between the U.S. and Iran was officially signed on June 17 at Versailles. The 14-point framework commits the U.S. to “develop a definitive, mutually agreed plan with at least $300 billion for the reconstruction and economic development of the Islamic Republic of Iran” in concert with “region…