VOL. XLVII

No 19

10-May-2004

IRAN

BUDGETS AND REVENUES

Iranian Parliament Approves 2005-10 Development Plan

The outgoing Iranian parliament on 2 May approved a bill for the countrys fourth five-year economic, social and cultural development plan (2005-10) which projects a target GDP growth rate of 8% annually. In the year to March 2003 GDP grew by 7.4% and is expected to grow at a similar rate in the year to March 2004. The plan will be the first to be formulated under the framework of Irans...