Economy, Domestic Economy

Economy Grew 0% Last Year

Economy Grew 0% Last YearEconomy Grew 0% Last Year

Gross domestic product for the last Iranian year (March 2015-16) remained the same as that for the preceding year, that is zero economic growth, said the president of Tehran Chamber of Commerce, Industries, Mines and Agriculture. Masoud Khansari added that with the lifting of sanctions and increased oil production and prices, it is logical to expect up to 5% economic growth for the country this year, Mehr News Agency Reported.