Islamic Republic of Iran: 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Iran

August 3, 2011

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Islamic Republic of Iran: 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Iran, (USA: International Monetary Fund, 2011) accessed November 22, 2024

Summary

The Iranian economy recovered on the strength of international oil prices, strong rebound in agricultural sector, and rapid credit expansion. Inflation was contained while fiscal and external positions improved. Key policy priorities are to maintain short-term macroeconomic stability, transition to a market-based economy to foster growth, and support job creation; and strengthen the financial sector. The economic reform strategy, anchored in privatization, reduction of the role of government, and market-based prices for energy and agricultural goods should help achieve higher growth and create jobs.

Subject: Banking, Credit, Economic and financial statistics, Exchange rate arrangements, Foreign exchange, Government finance statistics, Inflation, Money, Oil prices, Prices

Keywords: Consumer price inflation, CR, Credit, Exchange rate arrangements, Fund, Global, Government, Government approval, Government finance statistics, Government finance statistics yearbook, Holding, IMF staff estimate, Inflation, ISCR, Managed float regime, Oil prices, Surplus

Publication Details

Pages:

51
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/241
Stock No:

1IRNEA2011001
ISBN:

9781462330478
ISSN:

1934-7685

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