Iran’s industry, mining sectors forecasted to grow 6%
(Minews) - Iran is forecast to reach six percent growth in the industry and mining sectors in the current Iranian calendar year (March 2015-March 2016), according to Iranian Deputy Industries, Mines and Trade Minister Hossein Aboui Mehrizi.
He said industry and mining sectors are the leading sectors in the national economy; therefore, their growth play significant role in the country’s economic growth as well as gross domestic product (GDP) increase, the Mehr News Agency reported on Monday.
The World Bank has forecasted Iran’s GDP will grow by 1 percent in 2015.
In its June 2015 Global Economic Prospects report, the World Bank said Iran’s economy expanded by 3.7 percent in 2014.
It also predicted a 2 percent GDP growth for the country in 2016.
In April 2014, the International Monetary Fund (IMF) said Iran had achieved considerable progress in raising per capita income and living standards in previous decades.
Publish date : Tuesday 16 June 2015 15:21
Story Code: 25353