Growth Owes to Allocation of Loans to Private Sector, Development Budget

The 4.3% economic growth for Iran confirmed by the International Monetary Fund in its April report is thanks to the allocation of 190 trillion rials ($4.41 billion) in loans to the manufacturing units of the private sector and allocation of 435 trillion rials ($10.11 billion) to development projects.

Mohammad Baqer Nobakht, the head of Plan and Budget Organization, made the announcement on Wednesday, ILNA reported.
Nobakht also doubles as the spokesman for the government of President Hassan Rouhani.