Iran’s economic growth

2024-04-06 14:37

Iran records world's 2nd-highest economic growth in 2023: PBO head

TEHRAN – The head of Iran’s Plan and Budget Organization (PBO) has said the country’s 5.4 percent economic growth in 2023 reported by the International Monetary Fund (IMF) was the second-highest rate in the world.

2024-04-03 16:12

Iran’s economic growth has nothing to do with oil price hikes: minister

TEHRAN – Iran’s Finance and Economic Affairs Minister Ehsan Khandouzi has said the rise in oil prices does not contribute to the improvement of Iran’s economic condition, Shana reported.

2024-03-16 15:02

Iran’s GDP growth stands at 4.5% in 9 months: CBI

TEHRAN- Iran's gross domestic product (GDP) including oil grew 4.5 percent in the first nine months of the current Iranian calendar year (March 21-December 21, 2023), compared to the first three quarters of last year, according to the Central Bank of Iran (CBI).

2024-03-11 15:17

‘Iran’s GDP can triple in medium term’

TEHRAN – Deputy Head of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Mohammadreza Bahraman said Iran has the potential to triple its GDP in the medium term, the ICCIMA portal reported.

2024-02-03 15:18

ICCIMA calls on govt. to remove business barriers to realize 8% economic growth

TEHRAN – The deputy head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has said realizing the eight percent growth set in the Seventh National Development Plan requires the government to remove the barriers in the way of private sector businesses.

2023-09-20 16:09

Iran’s GDP growth stands at 6.2% in Q1: CBI

TEHRAN- Iran's gross domestic product (GDP) including oil grew 6.2 percent in the first quarter of the current Iranian calendar year (March 21-June 21), compared to the first quarter of last year, according to the Central Bank of Iran (CB).

2023-07-30 14:50

IMF revises up Iran’s GDP forecast for 2023

TEHRAN – The International Monetary Fund (IMF), in its latest World Economic Outlook Report, has positively revised its forecast for Iran's gross domestic product (GDP) growth in 2023, expecting the country’s economy to grow 2.5 percent this year.

2023-07-16 12:05

Realizing 7th NDP economic goal requires $160b of annual investment

TEHRAN – A former deputy at Iranian Finance and Economic Affairs Ministry has said the country requires $160 billion of foreign and domestic investment every year to realize the economic growth goal of eight percent set for the seventh National Development Plan (2022-2026).

2023-06-19 12:33

Annual GDP growth stands at 4%: CBI

TEHRAN - Iran's gross domestic product (GDP) grew four percent in the past Iranian calendar year 1401 (ended on March 20), according to the Central Bank of Iran (CBI).

2023-03-04 18:37

Developing health tourism in Uramanat leads to economic growth, expert says

TEHRAN – Economic and social development of the UNESCO-designated Uramanat can be achieved through strengthening health tourism in the western Iranian region, a tourism expert has said.

2023-02-01 22:47

Iran adamant to advance despite foes’ attempts: Raisi

TEHRAN- Iranian President Ebrahim Raisi has stated that despite the enemies' attempts to halt the nation's advancement, the people remain enthusiastic to moving forward.

2023-01-28 22:00

Tourism, country’s economy best alternative to oil, MP says

TEHRAN – The tourism industry in Iran is the most viable alternative to the oil industry in terms of economic growth, a member of the Iranian parliament has said.

2022-11-04 13:32

‘Over $82b needed to achieve 8% economic growth’

TEHRAN – Iranian Labor and Social Welfare Minister Solat Mortazavi has said up to 2.4 quadrillion rials (about $82.9 billion) of investment is required for achieving an eight percent economic growth by the end of the current Iranian calendar year (March 20, 2023), IRIB reported.

2022-09-03 20:30

Agritourism to contribute to economic growth of villages, agriculture minister says

TEHRAN–Iranian Agriculture Minister Javad Sadati Nejad has said that villages’ economies will be driven by agritourism in the future.

2022-07-31 20:00

Governor-general sees tourism pillar of economic development

TEHRAN – A prosperous tourism industry could speed up economic development in Semnan province, its governor-general said on Sunday.

2022-04-27 12:31

Iran expected to witness significant economic growth in next 2 years: expert

TEHRAN - A capital market expert said that the Iranian economy is expected to experience significant growth in the next two years, adding: "This will be a good thing for the capital market and we will see a positive effect on the market as well."

2022-04-20 12:27

Iran’s economic growth to reach 3% in 2022: IMF

TEHRAN - The International Monetary Fund (IMF), in its latest World Economic Outlook report titled “War sets back global recovery”, has revised up its projection of Iran’s real gross domestic product (GDP) in 2022 to three percent from its previous report in which the figure was two percent.

2022-03-14 14:36

Iran’s 9-month GDP growth at 4.1%: CBI

TEHRAN – The Central Bank of Iran (CBI), in its latest report, has put the growth of the country’s Gross Domestic Product (GDP) in the first nine months of the current Iranian calendar year (March 21-December 21, 2021) at 4.1 percent.

2022-03-11 15:28

Condition ripe for significant economic growth: fin. min.

TEHRAN – Iranian Finance and Economic Affair Minister Ehsan Khandouzi said on Thursday that the country has passed over the economic uncertainties of the current fiscal year and the condition is now ripe for achieving significant economic growth in the next Iranian calendar year (begins on March 21).

2022-03-11 11:51

Iran targets 12.7% industrial growth for next fiscal year

TEHRAN – Iranian Industry, Mining, and Trade Minister Reza Fatemi-Amin said his ministry has targeted a 12.7 percent growth for the country’s industrial sector for the next Iranian calendar year (begins on March 21), the ministry’s news portal Shata reported.