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Iran shares economic growth forecast

Business Materials 14 March 2022 14:18 (UTC +04:00)
Iran shares economic growth forecast

TEHRAN, Iran, March 14

Trend:

Iran expects an eight percent economic growth next year, Reza Fatemi Amin, Iran's Minister of Industry, Mine and Trade said, Trend reports citing IRNA.

Iranian Minister predicted a shift slowly towards the stages of production growth in 2016-17.

"There is the necessary infrastructure to achieve 8 percent economic growth," he said.

He also announced a forecast of $10 billion to $12 billion increase in exports compared to last year.

According to the official, the reduction in trade barriers has contributed to the drastic rise in exports.

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