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Gross national revenue up 4.3 percent in March 2001-2002

Tehran, Feb 17, IRNA -- Iran's gross national revenue rose by 4.3 percent to rls 46.039 trillion in the last Iranian year of 1380 (March 21, 2001-March 20, 2002).

Based on the Central Bank of Iran's (CBI) statistics, gross domestic product (GDP), excluding oil, rose by 5.8 percent to rls 51.368 trillion, taking fixed prices in the year 1369 (1990-1991) as the base.

Iran's economy in the year 1380 showed a growth of 4.7 percent, failing to hit a target of 5.5 percent set in the Third Five-Year Economic Development (2000-2005).

Value-added of oil and gas dropped by 8.4 percent due to 10.3 percent decline in crude oil production.

Agriculture sector registered 4.7 percent growth in the value-added last year compared to a 2.8-percent growth in 2000.

Industries and mines sector's value-added last year rose by 10.4 percent due to improvement of national industries.

The CBI said agriculture sector earned the country rls 9.295 trillion, showing an increase of 4.7 percent.

Oil and gas revenues decreased by 8.4 percent to rls 3.815 trillion, revenues in industries and mines by 10.4 percent to rls 11.614 trillion, in the construction sector by 12.3 percent to rls 2.970 trillion, in the industry sector by 10 percent to rls 7.411 trillion, in the mineral sector by 9.6 percent to rls 573.4 billion and in the services sector by 4.6 percent to rls 30.9 billion.

National expenditures reportedly rose by 9.9 percent last year.

Gross fixed capital formation last year rose by about 9.9 percent to rls 15.609 trillion.

Investment in machinery rose by 11.4 percent to rls 8.296 trillion, and in construction sector by 8.3 percent to rls 7.312 trillion.

... Payvand News - 2/17/03 ... --

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