Islamic Republic of Iran : 2009 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Iran

Author/Editor:

International Monetary Fund

Publication Date:

March 23, 2010

Electronic Access:

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Summary:

The Islamic Republic of Iran’s 2009 Article IV Consultation highlights that real GDP growth has slowed following the decline in oil prices, the non-oil fiscal position has become tighter, and banks’ financial situation has weakened. The recent approval of an ambitious energy price reform by Parliament could bring significant medium- and long-term benefits by increasing economic efficiency, and would help improve the macroeconomic outlook. A reduction of energy subsidies and a significant increase of non-oil revenue are needed to improve economic efficiency and achieve a more sustainable medium-term fiscal position.

Series:

Country Report No. 10/74

Subject:

English

Publication Date:

March 23, 2010

ISBN/ISSN:

9781451981797/1934-7685

Stock No:

1IRNEA2010001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

43

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