Islamic Republic of Iran: Staff Report for the 2006 Article IV Consultation

International Monetary Fund

No 2007/100, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2006 Article IV Consultation highlights that with high oil prices and a significant policy stimulus, the Iranian economy continued to grow strongly in 2005–06. Real GDP growth is estimated at 5½ percent. Oil GDP growth was modest owing to capacity constraints, while non-oil GDP growth was broad based, reaching 6 percent. The tensions associated with the nuclear issue, however, had some adverse effects on private investment. With energy prices projected to remain high and external demand continuing to support non-oil exports, Iran’s near-term growth prospects look favorable.

Keywords: ISCR; CR; WEO oil price baseline; budget proposal; Iran; staff appraisal; participation paper; growth outlook; Oil prices; Currencies; Oil; gas and mining taxes; Fiscal stance; Global; Europe; Asia and Pacific (search for similar items in EconPapers)
Pages: 51
Date: 2007-03-08
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Citations: View citations in EconPapers (4)

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