The Iran Project

Minister: Iran enjoys highest rate of economic growth in region

Iranian Finance and Economic Affairs Minister, Ali Tayyebnia

IRNA – Minister of Finance and Economic Affairs Ali Tayyebnia announced here that Iran enjoys the highest economic growth in the region.

During his Sunday visit to the Elecomp 22nd that kicked off on Dec 15 in Tehran, Tayyebnia said the Iranian government has been successful in dealing with the issue of inflation rate as it managed to lower the inflation rate to a one-digit figure.

According to a report by Central Bank of Iran (CBI), the economic growth in the country accelerated to about 9 during the second quarter of the Iranian calendar year started on March 20, 2016.

Economic growth was 5.4 during the first quarter of the year, the minister told reporters, adding it indicated that the country is moving towards the right way.

He further noted that the country also witnessed the positive economic growth in agriculture and industry.

The minister noted that the government is following up different plans on the housing sector in order to activate it.

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