The growth rate of Iran’s economy in the first six months of 2023 reached an average of 5.8 percent, while the investment growth in 2022 hit 6.7 percent, announced the governor-general of the Central Bank of Iran (CBI).
Mohammadreza Farzin announced the figures in the meeting of the heads of central banks and ministers of the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region, which was held Sunday in Morocco, with the inaugural speech of Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), cbi.ir reported.
Referring to the successes attained by the Iranian government in controlling inflation and economic growth in the last six months, he added the government and the CBI are committed to implementing economic stabilization policies.
The CBI governor noted that Iran’s economy has now achieved stability after enduring various impulses.
Farzin explained that in response to external impulses, the Iranian government and the CBI have implemented a policy package including a set of balanced policies for economic stabilization.
One of the current fundamental issues of Iran’s economy is inflation, said the top bank official, the control of which along with supporting vulnerable families are some of the basic goals of the balanced stabilization policy.