Islamic Republic of Iran: Staff Report for the 2002 Article IV Consultation

International Monetary Fund

No 2002/211, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2002 Article IV Consultation for the Islamic Republic of Iran states that the overall macroeconomic developments in 2001/02 were marked by sustained economic activity in the non-oil sector, improved fiscal and external positions, and declining inflation trends. Against a background of improved business confidence, the authorities continued to implement economic reforms in line with their Third Five-Year Development Plan. They also successfully issued a €625 million Eurobond, marking Iran’s return to international financial markets.

Keywords: ISCR; CR; authority; revenue performance; oil; leg mission; restriction; managed float; equity share; IMF staff estimation; Exchange rates; Exchange rate unification; Inflation; Global; Middle East (search for similar items in EconPapers)
Pages: 66
Date: 2002-09-27
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