Islamic Republic of Iran: 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Iran

International Monetary Fund

No 2011/241, IMF Staff Country Reports from International Monetary Fund

Abstract: The Iranian economy recovered on the strength of international oil prices, strong rebound in agricultural sector, and rapid credit expansion. Inflation was contained while fiscal and external positions improved. Key policy priorities are to maintain short-term macroeconomic stability, transition to a market-based economy to foster growth, and support job creation; and strengthen the financial sector. The economic reform strategy, anchored in privatization, reduction of the role of government, and market-based prices for energy and agricultural goods should help achieve higher growth and create jobs.

Keywords: ISCR; CR; government; surplus; holding; fund; IMF staff estimate; managed float regime; government approval; consumer price inflation; government finance statistics yearbook; Inflation; Oil prices; Government finance statistics; Exchange rate arrangements; Credit; Global (search for similar items in EconPapers)
Pages: 51
Date: 2011-08-03
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