Islamic Republic of Iran: Selected Issues

December 21, 2015

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Format: Chicago

Islamic Republic of Iran: Selected Issues, (USA: International Monetary Fund, 2015) accessed December 24, 2024

Summary

This Selected Issues paper discusses some options to strengthen Iran’s fiscal framework, and highlights the need for a medium-term framework. Fiscal policy design in Iran faces numerous challenges. Some are current, such as managing volatile oil revenue while addressing development needs. Other challenges are related to demographic pressures from new entrants to the labor market, as the country needs to prepare from aging pressures in the decades to come. With medium-term planning, macroeconomic stability, and adequate spending, fiscal policy could play a critical role in fostering growth. Ultimately, addressing these issues would help Iran achieve its objective of becoming one of the fastest-growing emerging economies.

Subject: Fiscal policy, Labor productivity, Oil, gas and mining taxes, Production, Productivity, Taxes, Total factor productivity

Keywords: Africa, B. sectoral productivity trend, Channeling labor, Commodity price change, CR, Gas and mining taxes, Global, Government, Iran authorities, ISCR, Labor, Labor productivity, Oil, Oil revenue, Productivity, Productivity differential, Productivity level, Productivity shortfall, Total factor productivity

Publication Details

Pages:

28
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/350
Stock No:

1IRNEA2015002
ISBN:

9781513511733
ISSN:

1934-7685

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