Iran attracts $12b foreign investment

 IRNA – Iran has attracted $12b foreign investment since the beginning of the current Iranian calendar year (beginning on March 21, 2017), Minister of Economy and Finance said.

About $30b foreign investment has been predicted for the country, Masoud Karbasian told reporters on Tuesday.

The economic growth of the country is 6% excluding oil revenue and 7% including it, he said.

The development spendings had 70% growth compared to the same period last year.

The Iranian minister also called for regulating currency fluctuations in the country.