tag Iran Growth

Growth Owes to Allocation of Loans to Private Sector, Development Budget

EghtesadOnline: The 4.3% economic growth for Iran confirmed by the International Monetary Fund in its April report is thanks to the allocation of 190 trillion rials ($4.41 billion) in loans to the manufacturing units of the private sector and allocation of 435 trillion rials ($10.11 billion) to development projects.
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Publish Date:28/July/2018 | 04:53

CBI Puts Q1-3 Growth at 3.4%

EghtesadOnline: Iran's gross domestic product grew 3.4% during the first three quarters of the current fiscal year (March 21-Dec. 21, 2017) compared with last year's corresponding period, according to the Central Bank of Iran's report released on Sunday.
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Publish Date:10/April/2018 | 06:28

Putting Iran’s Demographic, Economic Growth Into Perspective

EghtesadOnline: Growth in population without concurrent economic growth cannot benefit the country from the so-called demographic “window of opportunity”—the period in which the working-age population is growing and the young cohort decreasing, while the old cohort is still small.
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Publish Date:10/April/2018 | 06:22

Rouhani Espouses Inclusive Growth

EghtesadOnline: President Hassan Rouhani on Sunday outlined his administration’s vision of promoting economic prosperity in the next Iranian year (starting March 21), as well as goals set for the country in the face of economic and social challenges.
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Publish Date:08/April/2018 | 08:42

Majlis Think Tank Forecasts 4.1% Growth

EghtesadOnline: The research arm of the parliament has forecasted a 4.1% economic growth for the current fiscal year (March 2017-18) compared with last year’s 12.5%.
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Publish Date:14/January/2018 | 24:26

Economist: H1 Growth Not Sustainable

EghtesadOnline: Iranian economist Morteza Imanirad believes that tapping into empty capacities of production units, the rise in oil revenues and a modest increase in demand are the main reasons behind the growth experienced in the industrial sector during the first half of the current fiscal (March 21-Aug. 22).
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Publish Date:31/December/2017 | 11:01

CBI: 4-5% Growth Expected

EghtesadOnline: Iran’s economy is expected to experience a 4-5% growth in the current fiscal year to March 20, 2018, Central Bank of Iran’s Vice Governor Akbar Komijani said.
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Publish Date:13/December/2017 | 14:46

IMF Forecasts Sustained Growth for Iran’s Economy

EghtesadOnline: The International Monetary Fund in its latest World Economic Outlook report has projected that Iran’s real GDP will expand by 3.5% and 3.8% in 2017 and 2018 respectively. In 2022, the IMF estimates Iran’s economic growth will stand at 4.1%, the fund’s website reported.
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Publish Date:15/October/2017 | 11:59

Growth Undermined by High Interest Rates

EghtesadOnline: Calls on the Iranian government to cut interest rates are getting louder, with critics of the current monetary policy arguing that the gap between inflation and interest rates will undermine the manufacturing sector and exacerbate a longstanding recession in industries.
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Publish Date:29/July/2017 | 11:57

Growth Returns in Iran As Sanctions Are Eased

EghtesadOnline: According to an analysis by the Ministry of Industries, Mining and Trade, reported in the Financial Tribune, the data show growth in the production of crude steel, finished steel products, iron ore, coal concentrate and sheet glass in the last Iranian financial year running March 2016 to March 2017 compared to the year before, showing a significant uptick in output (much of it for export).
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Publish Date:25/July/2017 | 11:57

Prospective Trade Partners

EghtesadOnline: The Ministry of Economic Affairs and Finance has identified 59 most “appropriate” trading partners for Iran to achieve export-oriented growth.
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Publish Date:30/June/2017 | 13:01

Majlis Think-Tank Puts GDP Growth at 8.9%

EghtesadOnline: The research arm of the Iranian Parliament has revised up its former economic growth estimate for the last Iranian year (ended March 20, 2017) by 1.7%, saying the economy expanded by 8.9%.
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Publish Date:22/April/2017 | 08:12

Prerequisites for Boosting Production, Employment

EghtesadOnline: The three indices of employment, economic growth and inflation must be taken into consideration for the new Iranian year (started March 21), a former president of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
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Publish Date:05/April/2017 | 09:48

Growth Hinges on Housing Expansion

EghtesadOnline: A 5% economic growth is predicted for the next Iranian year (starting March 21) and since oil and agriculture sectors have already developed, in order to reach the aforementioned growth, housing and industrial sectors need to expand, said the chairman of Majlis Planning and Budget Commission.
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Publish Date:07/March/2017 | 13:09

World Bank: Iran’s Growth to Stabilize Above 4 Percent

EghtesadOnline: As the impact of the previous year’s boost in oil production and exports dissipates, Iran's overall growth rate is expected to stabilize at around 4.2%, with a larger contribution from the non-oil sector.
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Publish Date:21/April/2018 | 13:19

CBI: Non-Oil Sector to Expand by March 2018

EghtesadOnline: The Central Bank of Iran has projected that the country's non-oil sector's growth in the fiscal 2017-18 will outpace that of the preceding year, which was 3.3%.
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Publish Date:03/February/2018 | 07:16

WB Forecasts 4.3% Growth for Iran by 2020

EghtesadOnline: Growth in Iran, the second largest economy in the Middle East and North Africa region, is expected to reach 4.3% by 2020, with higher investment growth offset by lower oil production and limited access to finance, reads the World Bank’s latest “Global Economic Prospects” report.
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Publish Date:15/January/2018 | 13:15

World Bank Sees Uptrend in Iran’s GDP Growth to 2019

EghtesadOnline: The World Bank, in its latest “Iran’s Economic Outlook” report, sees stronger growth in 2018-19 as investment growth turns positive and accelerates along with more political and economic stability, following the reelection of President Hassan Rouhani for a second four-year term in May 2017.
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Publish Date:15/October/2017 | 11:33