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IRAN'S GDP SET TO GROW 5.2 PCT: CENTRAL BANK OFFICIAL.
TEHRAN, Jan 2 Asia Pulse - Deputy Director of Central Bank of Iran (CBI) for Economic Affairs Akbar Kamijani predicted on Monday that Iran's Gross Domestic Product (GDP) will top 5.2 percent in the next Iranian year (starting March 21) compared to average of 2.9 percent for 1997-2000.
Speaking to reporters, he also put the average fixed capital formation as 6.4 percent for 1997-2000 rising to 7.0 percent next year.
He said the average increase in agriculture and construction sectors were 1.8 and O.8 percent for 1997-2000, respectively, and estimated to be 3.9 percent and 9.7 percent for next year.
Also, the CBI official said that non-oil exports, including border market trade and carry-on luggage trade stood at dlrs 2.408 billion in the first eight month of the current Iranian year (started March 20), registering a growth of 8 percent in the period.
Total exports stood at US$9.569 billion during March-Novenber Kamijani said, adding "The growth rate of imports was seven percent in the period compared to the same period last year."
He said the strength of ...
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Source: HighBeam Research, IRAN'S GDP SET TO GROW 5.2 PCT: CENTRAL BANK OFFICIAL.