Journalists and journalists are waiting in front of Palais Coburg where closed-door nuclear talks with Iran take place in Vienna, Austria, Monday, June 29, 2015. (AP Photo/Ronald Zak)
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Iran may not see a rapid economic rebound from a potential nuclear deal that would lift the international sanctions now imposed on the country, according to new projections by Roubini Global Economics.After two years of economic contraction amid low oil prices and international sanctions, Iran recorded 3.2 percent real GDP growth in the fiscal year ended in March, the report estimated.The report doesn't specify what policies should be adopted, but said that Iran would receive a lump-sum payment of as much as $50 billion from escrow accounts, and that oil exports would grow from 1.3 million barrels a day to 2 million over the next 12 months. Assuming an oil price of $60 per barrel Iran could receive with additional $15.4 billion.
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