Copy in clipboard...
Inflation expected to keep dropping in upcoming months: Minister
Khandouzi pointed to a new regulation that had recently been introduced by the Central Bank of Iran (CBI), saying it has helped the improvement of forex control as well as supervision on the banks.
Stating that production sectors of industry, agriculture and energy have come out of recession, he said favorable contracts and agreements have been made to continue the current way.
Meanwhile, the deputy minister of economy for policy-making affairs said on Saturday that the average annual economic growth in the three years of Ebrahim Raisi’s administration with and without oil was 5.5% and 4.5%, respectively.
Ali Rouhani noted that the lowest unemployment rate was recorded in the last few decades at 8.1% last year.
“At the same time, we experienced an increase in the economic activity rate,” he added.
The GDP growth between Iran and the regional countries has been predicted by the international organizations, and Iran ranks first with a growth of 5%.