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                                        Volume. 12119

Iran’s industrial growth rate hits 2%: deputy minister
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TEHRAN - Iran’s industrial growth rate is currently 2 percent, according to deputy industry minister Ja’far Sarqini.
 
The industrial growth rate has significantly improved from the disappointing figure of minus 10 percent in the previous year to 2 percent in the current year, ISNA quoted Sarqini as saying on Saturday.
 
The current Iranian calendar year started on March 21.
 
The International Monetary Fund has said President Hassan Rouhani’s policies of reducing energy subsidies along with the easing of international sanctions have helped to steady Iran’s economy and cut inflation.
 
Iran’s $400 billion economy is forecast by the Fund to expand 1.5 percent this year, after two years of contraction. 
 
 
 
 
 
 

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