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Iran says boosted export by $18 billion last fiscal year

Business Materials 23 June 2015 17:16 (UTC +04:00)

Tehran, Iran, June 23

By Mehdi Sepahvand - Trend:

The transit section experienced a growth of 61 percent last Iranian fiscal year (which ended March 20), said Mohammad Baqer Nobakht, government spokesman and head of the Management and Planning Organization.

He further stated that the number of flights through Iranian airspace in the same period grew by 53.92 percent, Mehr news agency reported June 23.

Nobakht further commented on Iran's trade in the one-year period and said goods import grew by 8 percent.

The imports of the year reached $52.4777 billion while exports amounted to $49.709 billion, the official stated.

He said the import had increased by $3 billion since the preceding year.

Nobakht further pointed out that exports grew by some $18 billion in the same period.

Based on an Iranian Customs Organization report, the total non-oil export (excluding services) of Iran was $49.77 last Iranian fiscal year, showing a growth of 18.87 percent compared to its preceding year.

Also, the Iranian Trade Development Organization has reported that in the same period, the country exported some $12 billion worth of services.

In another part of his speech, Nobakht said the Management and Planning Organization has prepared a plan that requires the employment of young people to work under governmental directors as assistant.

"Based on Article 24 of state services we can assign a certain allocation to that, the same way we have employed 28 thousand young people in the current year," he said.

Iranian Deputy Minister of Cooperative, Labor, and Social Welfare Hassan Taei said June 21 the unemployment rate is 21.5 to 22 percent for the educated population -30 percent of that for educated women and 12 percent for educated men.

The IMF reported the unemployment rate in Iran was 12.3 percent last year. It is expected to reach 12.2 percent in the current year.

Edited by CN

Follow the author on Twitter: @mehdisepahvand

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