The threat of sanctions against Iran over its uranium enrichment program is likely to increase private sector uncertainty about the country, a World Bank economist said on Friday. “From the economic point of view, the risk of sanctions translates into uncertainty and uncertainty is not good for investment, especially private investment,” Mustapha Nabli, the World Bank’s chief economist for the Middle East and North Africa, told a news conference ahead of the semi-annual meetings of the IMF and World Bank in Washington. Full Story
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