IMF foresees 4 percent growth for Iran’s economy

Young journalists club

News ID: 21846
Iran » Iran
Publish Date: 16:09 - 18 April 2018
TEHRAN, April 18 - The International Monetary Fund (IMF) foresees a 4-percent growth rate for Iran's economy in 2018 and a 4 percent GDP (gross domestic product) growth for 2019 as well.

IMF foresees 4 percent growth for Iran’s economyTEHRAN, Young Journalists Club (YJC) - The Islamic Republic experienced 4.3 percent GDP growth in 2017, IMF said in its latest World Economic Outlook report. Meanwhile the gold industry is facing difficult times ahead.

Iran's inflation is forecasted to stand at 11.5 percent by 2019, according to the IMF.

Furthermore, the current account balance in Iran is expected to reach to 7 percent of GDP in 2018 and 6.3 percent of the GDP in 2019, compared to 4.3 percent in 2017.

Meanwhile Iran's unemployment rate stood at 11.8 percent in last year, it is projected to fall to 11.7 percent this year and reach to 11.6 percent in 2019.

 

Tags
iran ، imf ، economy
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