IMF Staff Country Reports

Islamic Republic of Iran: Selected Issues

August 14, 2008

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Islamic Republic of Iran: Selected Issues, (USA: International Monetary Fund, 2008) accessed October 5, 2024

Summary

This Selected Issues Paper on Iran reviews that monetary factors are the main determinants of inflation in the country. Government spending out of oil revenues leads to large liquidity injections that the central bank accommodates owing to its efforts to prevent a significant nominal appreciation of the rial and the lack of effective sterilization instruments. The growing discontent with inflation, however, has compelled policymakers to focus on this issue, bringing it to the forefront of the policy agenda.

Subject: Energy prices, Expenditure, Fuel prices, Inflation, Oil prices, Prices, Public expenditure review

Keywords: Border price, Budget classification framework, CR, Damage cost, Energy prices, Fuel input price, Fuel prices, Global, Inflation, Inflation expectation, Iran, ISCR, Oil prices, OSF deposit, OSF financing, OSF operation, Phillips curve, Price, Public expenditure review, Root mean squared error, Stabilization objective, Transition cost, U.S. dollar

Publication Details

  • Pages:

    47

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2008/285

  • Stock No:

    1IRNEA2008002

  • ISBN:

    9781451819069

  • ISSN:

    1934-7685