Iran Unveils Stimulus Package To Boost Growth

Iran has unveiled proposals for a stimulus package aimed at boosting investment in productive activities and raising “effective demand” with higher consumer spending. The package is intended to revive a stagnant economy after two years of tight monetary policy, which has seen inflation slow to around 15% from 40% before President Hassan Rohani took office in August 2013.

The new proposals come shortly after four cabinet ministers warned in a letter addressed to Mr Rohani of a looming economic crisis as a result of the discord within Tehran’s policymaking circles, and called for prompt decisions to address current problems before stagnation turns into a full-blown crisis (MEES, 9 October).


DON'T HAVE AN ACCOUNT?


NEED TO UPGRADE YOUR CURRENT SUBSCRIPTION?

By upgrading your Print or Digital subscription you will gain access to the MEES Archives Database with past articles and data dating back from 1984.

UPGRADE