The Iranian economy is mainly based on oil and gas exports. Although the public economy is dominant in Iran, which is one of the countries where PraeGlobal is active, there have been developments in the private sector in recent years. Because of the economic embargo imposed on the country since the 1980s, Iran has been less developed than its own potential. As a result of the embargoes imposed, the value of the Iranian riyal has lost its value enormously. The result of the rise in the exchange rate caused cost increases in the manufacturing sector and inflation. As of mid-2014, oil prices dropped, causing production and exports to fall and economic growth to remain low. The government’s priorities include reducing unemployment, reducing inflation, ensuring stability in the exchange rate, ensuring fiscal discipline, improving investments, increasing the share of the private sector in the economy, increasing private sector investments, ensuring economic growth and improving social conditions.