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2016-10-04 18:35:00

IMF SELLS TO IRAN

IMF SELLS TO IRAN

IMF wrote, Iran's economic conditions are improving substantially in 2016/17 . Real GDP rebounded strongly over the first half of the year as sanctions eased post-JCPOA implementation. Oil production and exports rebounded quickly to pre-sanction levels, helping cushion the impact of low global oil prices. Increased activity in agriculture, auto production, trade and transport services has led the recovery in growth in the non-oil sector. Real GDP is projected to grow by at least 4.5 percent in 2016/17. The prudent monetary and fiscal policies adopted in recent years, along…

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Tags: IMF, IRAN
Chronicle:
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