The Iran Project

Nahavandian: Gov’t brings up economy to five pc growth from miunus 6.8 pc

Qum, Aug 27, IRNA – Head of the Presidential Office Mohammad Nahavandian said on Saturday that the government has made a breakthrough to bring up economy to five percent growth from munus 6.8 percent.

Nahavandian made the remarks in a meeting with senior religious leader Ayatollah Jaafar Sobhani.

Nahavandian said that major achievement of the Government of Hope and Prudence, that is confirmed by the dignitaries of the Islamic Republic of Iran is economic stability and sustainable economic growth.

He said that the economic sector has been re-activated free from unexpected risk factors.

He noted that the government has been successful to bring economic growth to five percent with the least reliance on petrodollars.

Nahavandian made clear that the Joint Comprehensive Plan of Action helped boost Iranian cooperation with the outside world, opening up trade ties with the international financial institutions.

Meanwhile, Minister of Finance and the Economic Affairs Ali Tayebnia said on Friday that foreign companies have signed about dlrs 70 billion worth of contracts for joint venture investment in the Islamic Republic of Iran.


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