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Increase in Domestic Investments in Iranian Economy through Oil Expenses Reach 40%

Oil&Gas Materials 17 September 2007 15:02 (UTC +04:00)

Azerbaijan, Baku / corr Trend D.Khatinoglu / The volume of domestic investments in Iranian the economy through oil expenses increased by 40% and made up $155bln in the last two years. However, the budget in the Reserve Fund decreased from $9bln to $7bln.

The Iranian Economic Agency reported that investments attracted to the Iranian economy through oil expenses caused an increase in the economy of Iran.

Inflation in the country rose by 15.4% during the rule of Mahmud Ahmadinejad. The price of large apartments in Iran increased by 50%.

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