WASHINGTON Jan 18 The International Monetary
Fund will visit Iran in the first half of the year to assess the
state of its economy and the impact of Western sanctions, a
senior IMF official said on Friday.
The IMF forecast in October that Iran's economy was likely
to contract in 2012 and inflation would likely increase to 25
Masood Ahmed, IMF director for the Middle East and North
Africa, said those projections were made before the sharp
depreciation of Iran's currency, the rial, at the end of last
"We expect that when we revisit these numbers with the more
recent data it will show a greater impact than what was
estimated at that time," Ahmed added.