Compass of Sustainable Growth

EghtesadOnline: The compass of sustainable growth could be summarized as follows: Reduce monopolies and avoid big policymaking mistakes; sustainable growth will be created by people.

News ID: ۷۵۲۶۸۴

10 July 2023

Data published by the Statistical Center of Iran and the Central Bank of Iran show that the economy expanded by more than 4% in the fiscal 2022-23.

This is neither an extraordinary achievement nor negligible and unimportant; it is a moderate growth for Iran’s economy and a good start to get out of a recession that has lasted for more than a decade, Hossein Abbasi, a lecturer in the Department of Economics of the University of Maryland, prefaced an editorial for the Persian daily Donya-e-Eqtesad with this note.