Trump says Iran's economy is collapsing. A former central bank adviser in Tehran pushes back
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Source: CNBC
Published: 2026-08-20 18:08 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Economy & Finance, Trade & Sanctions, US Politics, Business & Economy, War & Conflict
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Snippet:
A former adviser to Iran's central bank pushed back against U.S. President Donald Trump's claim that the country is on the brink of economic collapse, but warned that the United Arab Emirates' decision to sever trade ties could deepen Iran's contraction to about 5% this year.
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