Islamic Republic of Iran

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  • Islamic Republic of Iran Book Detail

  • Author : International Monetary Fund
  • Release Date : 2007-03-08
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 51
  • ISBN 13 : 145181903X
  • File Size : 60,60 MB

Islamic Republic of Iran by International Monetary Fund PDF Summary

Book Description: This 2006 Article IV Consultation highlights that with high oil prices and a significant policy stimulus, the Iranian economy continued to grow strongly in 2005–06. Real GDP growth is estimated at 51⁄2 percent. Oil GDP growth was modest owing to capacity constraints, while non-oil GDP growth was broad based, reaching 6 percent. The tensions associated with the nuclear issue, however, had some adverse effects on private investment. With energy prices projected to remain high and external demand continuing to support non-oil exports, Iran’s near-term growth prospects look favorable.

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