"Iran's economy is set to receive a substantial boost in the next two years as a result of billions in sanctions relief from the nuclear deal, according to a new forecast, a windfall that could also secure more resources for the Iranian military and its terrorist proxies.
The World Bank said in a report that Iran's GDP is projected to increase by 5.8 percent this year, compared to just 1.9 percent last year. Economic growth is then estimated to rise by 6.7 percent in 2017.
As part of the nuclear agreement reached between Iran and world powers last year, the Islamic regime could collect as much as $150 billion in unfrozen assets from foreign accounts after it places some restrictions on its nuclear program. Tehran will also be permitted to resume more oil exports, which could increase its sales by 0.5 to 0.7 million barrels per day this year...
Michael Rubin, an expert on Iran and the Middle East at the American Enterprise Institute, said ...'Rather than use Iran's precarious economic situation as leverage in U.S. negotiations, Secretary of State John Kerry effectively caved'...
Analysts have raised concerns that the Islamic regime could devote billions of its sanctions relief to the Islamic Revolutionary Guard Corps (IRGC), the elite paramilitary unit that also supports terrorist groups in Lebanon, Gaza, and Yemen. The American Action Forum estimated last year that the Guard Corps' budget could increase by about $3 billion after the nuclear deal is fully implemented.
'If Iran's economy does grow-and that growth is not eroded from significant inflation from the hard currency influx-then the chief beneficiaries will be the Islamic Revolutionary Guard Corps who have a stranglehold over the oil industry, import-export, and construction,' Rubin said. 'Kerry might as well have wired the money directly into the Revolutionary Guards' bank accounts, because that is the net effect.'..."