Middle East Economic Survey

VOL. XLVIII

No 51

19-December-2005

IRAN

IMF Projects 6% GDP Growth For Iran In 2005-06

The IMF is projecting that real Iranian GDP will grow by 6% in the Iranian year 1384 (which ends on 20 March 2006), following a visit to Tehran by an IMF mission on 3-10 December for the annual Article IV consultation. The mission estimated unemployment at 11% in 2005-06 and noted that the external position had strengthened further on the back of high oil prices and rapid growth in...