Central bank official: Iran's economy will grow by 3-4% in 2015
7/24/15
Follow-up - and babysit -The deputy governor of Iran's central bank greater Kmidjani, that his country's economy will grow by 3 to 4 percent in the current 2015, adding that the bank raised its forecast from 1.6% to 2% after the nuclear agreement reached by Tehran and six world powers this month.
Kmidjani and pointed out that the central bank aims to reduce inflation to below 10% by the end of the next Iranian year from about 15% currently, and often Persian year starts on March 21.
He added that the inflation rate in the single digits would be enough to cut interest rates to below 20%.
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7/24/15
Follow-up - and babysit -The deputy governor of Iran's central bank greater Kmidjani, that his country's economy will grow by 3 to 4 percent in the current 2015, adding that the bank raised its forecast from 1.6% to 2% after the nuclear agreement reached by Tehran and six world powers this month.
Kmidjani and pointed out that the central bank aims to reduce inflation to below 10% by the end of the next Iranian year from about 15% currently, and often Persian year starts on March 21.
He added that the inflation rate in the single digits would be enough to cut interest rates to below 20%.
[You must be registered and logged in to see this link.]