Iran News ...


05/18/08

Iran's economic growth at 6.7 percent

Press TV - The Economic Deputy Governor of the Central Bank of Iran says Iran's economic growth rate in the last Iranian year was 6.7%.

This growth rate was 0.5 percent higher than the previous year's growth rate of 6.2 percent, Ramin Pashaei Fam said on Saturday in a gathering of CBI census takers.

Census takers should pay special attention to unemployment, inflation and growth rates to help the country's policy makers in their decision making, Pashei Fam said.

Correct and precise data made available at reasonable speed can be helpful for decision makers and guide them in their efforts to acheive the country's economic goals, he added.

The main decision to be made is how to put the resources available to the country to the best possible use, he said.

"There is not any liquidity problem in the economy, but liquidity needs to be controlled to avoid using it in non-productive activities," he said in another part of his speech.

Channeling liquidity in the right direction and exercising the right control over it can help curb inflation, he noted.

... Payvand News - 05/18/08 ... --



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