Iran and the world powers finally reached a deal on the country’s nuclear program.
U.S. congressional ratification aside, the deal won’t materialize into tangible benefits for ordinary Iranians just yet.
Years of exacting sanctions have bitten into the backbone of the Iranian economy.
Negative growth, soaring inflation and bad debt are but the major symptoms of the Sanction Syndrome hovering over the country.
Local economists kept their heads cool with the deal.
They say Iranians should not expect their country’s economy to change overnight.