IMF’s Lipton Makes Positive  Assessment of Tehran Visit
Economy, Business And Markets

IMF’s Lipton Makes Positive Assessment of Tehran Visit

David Lipton, first deputy managing director of the IMF issued a statement at the conclusion of his visit to Iran on Wednesday, thanking the Iranian authorities for the opportunity to visit the country for the first time.
“I had extensive and enriching discussions with a broad range of policymakers and representatives from different sectors of the economy. My visit came at a crucial moment for the Iranian economy, as it begins to reintegrate following the recent implementation of the Joint Comprehensive Plan of Action (JCPOA). With an improved economic outlook in prospect, there is a unique opportunity to begin implementing reforms to entrench macroeconomic stability and promote higher sustainable and inclusive growth,” he said.
“In recent years, the authorities have made considerable progress in restoring macroeconomic stability under difficult circumstances. Inflation has declined from 45% percent in 2013 to around 8% recently, the foreign exchange market has stabilized, and some key reforms have been implemented.
“The implementation of the JCPOA bodes well for the outlook. Higher oil exports, along with lower costs of trade and financial transactions, as Iranian banks reconnect to the international financial system, would help support the economy, with real GDP growth projected at 4-4.5% over the medium term.

Short URL : http://goo.gl/cy75Jj
  1. http://goo.gl/YPYmcP
  • http://goo.gl/PdTsyM
  • http://goo.gl/cv3TU4
  • http://goo.gl/aINz9p
  • http://goo.gl/PgMPtt

You can also read ...

European Gov’ts Exploring Financial Channels for Iran
The French, British and German governments have told Iran they...
EU to Protect Firms in Iran Following US Refusal to Grant Waivers
EU countries on Monday gave European firms legal cover to...
$312m Paid in Travel Currency in 3 Months
A total of $312 million were allocated by the Central Bank of...
Biggest Privatization Bid of the Year Set for July 31
Iranian Privatization Organization is scheduled to stage the...
Cuba Rolling  Out Mobile Internet Services
Cuba has started providing Internet on the mobile phones of...
Tehran Hosting International Biology Olympiad
Gifted students from 70 countries across the world have...
Iran, Ghana Sign Capital Market Deal
Capital market authorities from Iran and Ghana signed a...
IMIDRO Outlines Q1 Downstream, Upstream Steel Performance
A total of 11.22 million tons of iron ore concentrate was...