economic growth

US sanctions hinder Iran’s robust economic recovery

Iran’s economy would unlikely be restored to a robust level if major U.S. sanctions on the country remain, recent researches and opinions indicated.

Macro Economy

IMF predicts 2.5% rise in Iran’s GDP in 2021

The International Monetary Fund expects Iran’s economy to grow by 2.5% in 2021.

Macro Economy

Iran economy out of recession: CBI chief

Iran’s economy has come out of recession following two consecutive quarters of growth, says the Central Bank of Iran’s governor.

Macro Economy

Agriculture remains main driver of growth in Iran

The agriculture sector remains the main driver of growth in Iran’s economy, the data released by the Statistical Center of Iran (SCI) shows.

Macro Economy

IMF cuts Iran’s 2021 growth forecast by 0.2%

The International Monetary Fund (IMF) has predicts that Iran’s economy will grow by 3% in 2021. The IMF had predicted in October that Iran’s growth would reach 3.2% this year.

Macro Economy

Iran economy could rebound to 4.4% growth if US sanctions lifted: IIF

Iran’s economy could grow 4.4% next year if U.S. President-elect Joe Biden lifts sanctions that have contributed to a deep three-year recession, although the COVID-19 crisis could limit foreign investment, the Institute of International Finance (IIF) said.

Macro Economy

IMF expects Iran economy to shrink 5% in 2020

IMF’s October World Economic Outlook shows that Iran’s economy would shrink by 5.0 percent in 2020. The IMF report expected the country’s gross domestic product (GDP) to grow by 3.2 percent in 2021.

Macro Economy

Coronavirus caused Iran’s quarter GDP to shrink by 0.6%: CBI

The Central Bank of Iran (CBI) says COVID-19, the disease caused by the coronavirus pandemic, was to blame for a 0.6-percent contraction in the country’s gross domestic product (GDP) without oil in the fiscal year quarter ending June 20.

Macro Economy

World Banks forecasts positive growth for Iran’s economy in 2021

The World Bank expects Iran’s economy to bounce back to growth in 2021 with 2.1% in GDP expansion after having experienced an estimated 5.3% contraction this year.

Macro Economy

Iran’s leader calls for budget, banking modifications to offset US sanctions

Budget’s dependence on crude sales as well as unnecessary rules and regulation are “the country’s chronic illnesses” that need to be treated.

Macro Economy