29 Feb 2024
Monday 11 July 2016 - 14:41
Story Code : 222346

Iran eyes 5% economic growth rate current fiscal year

TEHRAN, July 11 (Shana) Minister of Economy Ali Tayebnia said plans are under way for achieving a 5% economic growth rate by the end of the current Iranian fiscal year (started March 20).

Addressing international conference on banking, insurance and stock exchange on Sunday, Tayyebnia said despite the falling price of oil in international markets and given implementation of the Joint Comprehensive Plan of Action (JCPOA), bright prospects await the country's economy.

He said the JCPOA has paved the way for attraction of new investments to promote the country's financial market and its banking system, adding that the best must be made out of the opportunity that has been created in the JCPOA's win-win game.

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