83705
Inefficient management of water resources is largely to blame for the looming crisis in Iran’s agricultural sector.
Inefficient management of water resources is largely to blame for the looming crisis in Iran’s agricultural sector.
Wednesday, March 21, 2018

Agro Growth Lowest in 6 Years

Wednesday, March 21, 2018

Agro Growth Lowest in 6 Years

The agriculture sector grew by 1% during the first nine months of the current Iranian year (March 21-Dec. 21, 2017), experiencing the lowest growth over the past six years, based on the latest figures released by the Statistical Center of Iran.
According to SCI, the agro sector growth in the fiscal 2012-13 stood at 3%. The figure fell 0.2% to 2.8% in the following year before rebounding to 4.7% in 2014-15. In the following two years, growth fell to 4% in 2015-16 and declined to 3.3% in 2016-17, the Persian daily Shahrvand reported. 
SCI has yet to release growth estimates for the entire current fiscal year (ending March 20). 
Figures by the Central Bank of Iran show more or less the same trend, yet with different growth rates of 4.7% for the fiscal 2012-13, 5.5% for 2013-14, 5.4% for 2014-15, 4.6% for 2015-16 and 4.2% for 2016-17. CBI estimates agro growth in 2017-18 to stand at 3.8%.
The decline in growth, according to Shahrvand, is related to the acute water crisis facing the country.

Premium

To continue reading this article log in to your account, or join us now and get a free trial which includes access to this specific story.

You will not be charged for your trial and there is no obligation to purchase.

Create an account or sign in

Short URL : https://goo.gl/qf7ny7
03/21/2018
  1. https://goo.gl/X6m7LM
  • https://goo.gl/Jy1uca
  • https://goo.gl/v13GWE
  • https://goo.gl/CJ6Mtz
  • https://goo.gl/Fh4gmn

You can also read ...

Asian and European economic support for Iran offers the potential to improve existing alternative international trade links and develop new links.
While American President Donald Trump has withdrawn from the...
1st USD Rate Hike After Unification
For the first time after the government decided to unify the...
Uber Chief Product Officer to Leave
Uber Technologies Chief Product Officer Jeff Holden is leaving...
Tesla Model 3
Elon Musk’s Model 3, once touted as Tesla’s $35,000 car for...
Iranians’ per capita honey consumption is 1 kilogram per year, while it is around 200 grams in other countries.
Iran has made noticeable progress in honey production, as it...
Efforts Underway to Unblock Iranian Accounts in Georgia
Efforts are underway to unblock some bank accounts belonging...
The number of foreign students enrolled in Iranian universities increased by 19% in the last Iranian year (ended March 20, 2018) compared to the year before.
Currently, some 55,000 foreign students are studying in...
Transport MoU With Greece
Iran and Greece have signed a memorandum of understanding to...

Add new comment

Trending

Googleplus