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

International Monetary Fund

No 2018/093, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; Iran; growth; rate; exchange rate; CBI bill; banking system; balance of payments data; CBI lending; IMF staff calculation; liquidity growth; Oil; gas and mining taxes; External sector statistics; Budget planning and preparation; Global (search for similar items in EconPapers)
Pages: 74
Date: 2018-03-29
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