Islamic Republic of Iran: 2018 Article IV Consultation - Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Iran

March 29, 2018

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Format: Chicago

Islamic Republic of Iran: 2018 Article IV Consultation - Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Iran, (USA: International Monetary Fund, 2018) accessed November 22, 2024

Summary

This 2018 Article IV Consultation highlights that the real GDP growth of Iran is expected to reach 4.3 percent in 2017/18. In the first half of 2017/18, recovery broadened to the non-oil sector, aided by supportive fiscal and monetary policies and a recovery in construction and services activity. The unemployment rate declined to 11.7 percent in the first half of 2017/18, but remained particularly high for youth and women. Inflation averaged 9.9 percent during the first 11 months of 2017/18 aided by moderation in food prices and stable administered prices. Real GDP growth is expected to ease to 4 percent in 2018/19 and is forecast to average 4.5 percent over the medium-term.

Subject: Banking, Budget planning and preparation, Economic and financial statistics, External sector statistics, Oil, gas and mining taxes, Public debt, Public financial management (PFM), Revenue administration, Taxes

Keywords: Balance of payments data, Banking system, Budget planning and preparation, CBI bill, CBI lending, CR, Exchange rate, External sector statistics, Gas and mining taxes, Global, Growth, IMF staff calculation, Iran, ISCR, Liquidity growth, Oil, Rate

Publication Details

Pages:

74
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/093
Stock No:

1IRNEA2018001
ISBN:

9781484349243
ISSN:

1934-7685

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