TEHRAN, Iran, Dec. 14
Trend:
The Governor of the Central Bank of Iran Abdolnasser Hemmati has announced that the country`s economic growth has become positive, Trend reports via IRNA.
“The great Iranian nation’s fortitude under the pressure of economic war and outbreak of the coronavirus pandemic and the efforts of the Iranian economic activists finally yielded results,” Hemmati said.
“As I had already announced according to the course of indices of industrial and agricultural production as well as the growth in the credit of working capital of banks, the country’s economic growth has improved,” the CBI governor announced.
“A recent report from the CBI’s economic calculation department shows that the gross domestic product (GDP) growth rate during the first six months of the current Iranian year (Started on March 20) has been positive with and without oil revenues,” he stated.
Hemmati went on to say that “Iran’s economic growth excluding the oil income in the first half of the current Iranian year has increased by 1.4 percent, compared to the corresponding period last year, while the economic growth with oil has risen by 1.3 percent compared with the 6-month period a year earlier.”