VOL. XLIV

No. 21

21-May-2001

IRAN

Nourbakhsh Optimistic About Prospects For Iranian Economy

The Governor of the Central Bank of Iran, Mohsen Nourbakhsh, has presented an upbeat assessment of the prospects for the Iranian economy. Speaking at a seminar in Tehran on fiscal and monetary policy, Dr Nourbakhsh said that the establishment of a special foreign currency reserve fund was a major step towards mitigating the impact of fluctuations in oil revenue on the economy. He noted that the government...