Islamic Republic of Iran : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Iran
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This 2015 Article IV Consultation highlights that economic activity in Iran has slowed down significantly since the fourth quarter of 2014/15 owing to sharp decline in global oil prices, tight corporate and bank balance sheets, and postponed consumption and investment decisions ahead of the expected lifting of economic sanctions. Twelve-month (point-to-point) inflation has declined to about 10 percent in recent months, largely reflecting lower food and beverage inflation, and the inflation rate is expected to remain close to 14 percent by year-end. Prospects for 2016/17 are brighter, owing to the prospective lifting of economic sanctions.
Series:
Country Report No. 15/349
Subject:
Article IV consultation reports Balance of payments statistics Bank supervision Banking sector Economic growth Economic indicators Fiscal consolidation Fiscal policy Iran, Islamic Republic of Labor market reforms Monetary policy Oil prices Press releases Staff Reports
English
Publication Date:
December 21, 2015
ISBN/ISSN:
9781513575056/1934-7685
Stock No:
1IRNEA2015001
Format:
Paper
Pages:
67
Please address any questions about this title to publications@imf.org