Above $183b required for annual growth of 8%

May 10, 2018 - 10:35

TEHRAN- Some 7.7 quadrillion rials (about $183.3 billion) of capital is needed per annum to reach eight percent economic growth, Mohammad Baqer Nobakht, the head of Management and Planning Organization of Iran, was quoted as saying by IRNA on Wednesday.

Referring to the 3.2 million unemployed work force in Iran, Nobakht said despite the fact that the government is faced with lack of financial resources, 734 trillion rials (about $17.4 billion) has been allocated for creating jobs.

HJ/MA

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