Five-year development plans (FYDPs) have been devised and approved for the past several decades.
Iran Economy
The government has unveiled the Seventh Five-Year Development Plan, a roadmap enumerating economic goals and targets for the next five years (March 2023-28).
Iran’s foreign debt was $7.173 billion by the end of the fourth calendar month ending July 22, the CBI said Tuesday. The amount was almost $1.5 billion or 17% lower compared to the last fiscal…
The World Bank has incorporated Iran into the group of upper middle-income economies in 2019. According to a report by Tehran Chamber of Commerce, Industries, Mines and Agriculture citing…
The World Economic Forum’s “Global Competitiveness Report 2019” shows Iran’s ranking has dropped by 10 places with a score of 53 out of 100 compared to last year's report.
The amount of energy wasted in Iran due to daily flaring equals the energy produced by burning 5.5 million barrels of oil, a former lawmaker and a consultant to Majlis Speaker Ali Larijani…
Iran has registered a huge increase in its current account surplus from 2.7% of GDP in 2015 to 6.5% of GDP in 2017, the World Bank has said.
The fact that Iran’s economy is facing major challenges is well acknowledged. Its heavy reliance on oil export revenues and the dominant role of the state in the economy combined with the…
