Iran must implement macroeconomic and structural reforms and combat money laundering and terrorist-financing if it is to reintegrate into the global economy, the International Monetary Fund said on Tuesday.
“The first and most basic requirement for access to international markets is maintaining good macroeconomic policies so you are viewed as a good credit?.?.?.?and creating an environment in which the economy has a better growth prospect,” David Lipton, the IMF’s first deputy managing director, said in Tehran.
He added that Iran could rely on IMF support to develop a “suitable supervisory structure that is up to the international standards for preventing money laundering and the financing terrorism”.
Mr Lipton is the first senior IMF official to visit the Islamic Republic since the 1979 Islamic Revolution. It comes at a difficult time for the centrist government of Hassan Rouhani, which has been struggling to attract foreign investment despite the lifting of sanctions when Tehran’s nuclear agreement with the international community came into force earlier this year.