Iranian MP rejects President Ahmadinejad’s claim about 5 percent economic growth rate

Business Materials 13 January 2013 15:09

Azerbaijan, Baku, Jan. 13 / Trend F.Mehdi/

Iranian MP Gholamreza Mesbahi-Moqaddam has rejected President Mahmoud Ahmadinejad's claim about the country's 5.2 percent economic growth rate, the Mehr News Agency reported.

"There are signs, such as rising unemployment rate and closing down of factories, which show the claimed figure is incorrect," he said.

The rate which has been announced by the president is not consistent with economic statistics, he noted.

Iran's economic growth rate in the Iranian year of 1390 (ended March 19, 2012) stood at 4.67 percent, head of Iran's Statistics Center Adel Azar said, the Fars News Agency reported.

The official noted that the average income of Iranian families also increased during the same period as a result of the subsidy reform plan implemented by the government.

Iran's Minister of Industry, Mine and Trade Mehdi Ghazanfari said on Thursday that sanctions against the Islamic Republic aim to paralyze the country's economy.

"The aim of [anti-Iran] sanctions is to paralyze our economy and to put people under pressure and in distress," Ghazanfari said, Press TV reported.

The ultimate target of these sanctions is the entire economy, he stressed, adding that enemies of the Islamic Republic seek to damage Iran's economy as well as the country's economic growth.