Middle East Economic Survey

VOL. LII

No 19

11-May-2009

IRAN

CBI Reports Some Favorable Economic Indicators Until End 2008, But Future Uncertain

Latest statistics from the Central Bank of Iran (CBI) quarterly bulletin Economic Trends show that foreign exchange reserves have risen in the past three years and that external debt has fallen slightly. This improvement was highlighted in a report by Fars News Agency on 2 May, suggesting that the two indicators reflected a more favorable economic...