CBI: Q1-3 Growth Hit 4.1%

The Central Bank of Iran says the economy grew by 4.1% in the first three quarters of the current fiscal year (March 21-Dec. 21, 2021) compared with the preceding year’s corresponding period.
According to CBI, the GDP growth stood at 3.4% without taking into account crude oil production during the period under review.
Oil saw the biggest growth of 11.7% among main economic sectors surveyed by the bank.
“Iranian oil production capacity can reach its maximum in less than two months after a nuclear deal is reached,” Oil Minister Javad Owji was quoted as saying recently.