Islamic Republic of Iran: Staff Report for the 2005 Article IV Consultation

Author: International Monetary Fund

Volume/Issue: Volume 2006 Issue 154

Publication date: April 2006

ISBN: 9781451819021

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Inflation , Economics- Macroeconomics , Taxation - General , ISCR , CR , staff appraisal , inflation rate , rate , fiscal policy , balance of payments' current account surplus , majority private-sector ownership , participation paper , expansionary fiscal policy , justice share , ownership of enterprise , Oil prices , Inflation , Oil , gas and mining taxes , Oil exports , Middle East , Eastern Europe , North Africa , East Africa

Also of interest

Peru

Nepal

Grenada

Republic of Congo : 2001 Article IV

Summary

Iran's 2005 Article IV Consultation highlights Fourth Five-Year Development Plan (FFYDP) and the Twenty-Year Vision. The country's real GDP growth reached 5½ percent a year on average, unemployment declined, and macroeconomic indicators improved significantly, supported by favorable oil market conditions. By increasing the openness of the economy and removing major obstacles to trade and investment, the reforms introduced in the period 2000/01–2002/03 contributed significantly to this strong performance. However, the economy remains heavily dependent on oil. Demographic dynamics will also put increasing pressure on the labor market in the coming years.