Islamic Republic of Iran : Staff Report for the 2006 Article IV Consultation.

This 2006 Article IV Consultation highlights that with high oil prices and a significant policy stimulus, the Iranian economy continued to grow strongly in 2005-06. Real GDP growth is estimated at 5 1\2 percent. Oil GDP growth was modest owing to capacity constraints, while non-oil GDP growth was br...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Staff Country Reports; Country Report ; No. 2007/100
Online Access:Full text available on IMF
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520 3 |a This 2006 Article IV Consultation highlights that with high oil prices and a significant policy stimulus, the Iranian economy continued to grow strongly in 2005-06. Real GDP growth is estimated at 5 1\2 percent. Oil GDP growth was modest owing to capacity constraints, while non-oil GDP growth was broad based, reaching 6 percent. The tensions associated with the nuclear issue, however, had some adverse effects on private investment. With energy prices projected to remain high and external demand continuing to support non-oil exports, Iran's near-term growth prospects look favorable. 
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