SCI to Be Sole Official Statistics Provider
Economy, Business And Markets

SCI to Be Sole Official Statistics Provider

The High Council of Statistics has approved that the Statistical Center of Iran will be the “sole official” entity in charge of gathering information and releasing data on economic indicators, including inflation, GDP growth and unemployment, announced SCI’s Head Adel Azar on Tuesday.
Formerly both the SCI and the Central Bank of Iran released statistical reports on the economy, which in some cases were contradictory.  
In a recent meeting, chaired by Mohammad Baqer Nobakht, head of Management and Planning Organization and government’s spokesperson, the council decided to revoke the CBI’s privilege in this regard.
“The council aimed to implement Article 54 of the Fifth Five-Year Economic Development Plan (2011-16) to maximize efficiency and improve productivity,” Banker news website quoted Azar as saying.
Executive bodies like the CBI are still allowed to prepare statistics for their own activities. However, they are not allowed to publicize their reports, he said, noting that experts from the SCI and CBI are set to hold joint meetings later this year to improve statistical methods.
Despite the new approval, Valiollah Seif, the CBI governor, has told Tasnim News Agency that his bank will continue to release specialized statistics such as inflation and economic growth.

Short URL : http://goo.gl/Xh7mW9

You can also read ...

A delegation headed by First Vice President Eshaq Jahangiri was in Ankara on Thursday and reached several deals.
Following several rounds of negotiations between Iranian and...
Evaluating Economic Impact of Shifting Iran-KRG Relations
Iran and the Iraqi Kurdistan Regional Government have...
US Won’t Block  European Trade  With Iran
US Secretary of State Rex Tillerson said the Trump...
All SP Gas Field Phases to Be in Full Swing by March 2019
The South Pars mega project has registered a work-in-progress...
Russia Grain Exports to Iran Reach 220K Tons
Over the first nine months of 2017, exports of Russian wheat,...
Armenia Export Growth in Iran Tops 11%
Armenia has recorded an unprecedented growth in exports to...
Iran’s Red Meat Output Meets 90% of Demand
A glance at Iran’s meat packing industry shows red meat...
Multilateral Push to Revive Housing Leasing
A special multilateral task group is amending regulations to...