In this report, the Council’s Research Center estimated Iran’s economic growth in 1401 at 3.7% and non-oil growth at 3.9%.
According to the informants, the Bureau of Economic Studies of the Majlis Research Center estimated the performance of the first quarter of the year and the economic growth of 1401 by analyzing the real sector of the Iranian economy.
According to this report, according to Central Bank releases, the Iranian economy experienced a growth of 4.4% in 1400, mainly due to the 6.5% growth of the service sector. To reduce the effects of the spread of the Corona virus. In 1401, the real sector of the country’s economy was affected by various factors.
This report states: the effect of the contractionary policies of the central banks of the world on the prices of the state’s export goods, the decrease in demand, the effect of removing the preferred currency on the food industry and the agricultural sector, etc. The negative impact of electricity and gas on industry and the service sector may be real and on the economy.. Iran to influence.
In continuation to this report, he states: Based on the latest evidence of Iran’s economic performance in the first quarter of 1401, and trends that can be analyzed until the end of the year, Iran’s economic growth in 1401 is estimated. About 7.3 percent and non-oil growth of 3.9 percent , especially due to the increase in rainfall compared to the last water year, the agricultural sector is expected to witness a growth of 7.9 percent in 1401. With regard to the oil sector, given the existing conditions and international situations, and given the lack of growth in the exports of this sector compared to the same season of the year Last year, this segment is expected to grow by 1.1% compared to the previous year.
And in another part of the Council’s Research Center report, it said: Although the industry is expected to grow by 6.4% in 1401, surveys point to things like power and gas outages in industries and reduced demand for export goods. The slow growth of this sector also threatens the contracting sector, the decrease in the number of building permits issued in 1400, the low performance of the government’s construction budget in the first quarter of 1401, and the continuation of the process. Expected in the first quarter. For the year, a negative growth of 3.4% can be expected.
The report stated: The service sector is expected to witness a positive growth of 6.3 percent due to the improvement of the sector after the spread of the Corona virus. It is worth noting that the International Monetary Fund and the World Bank, in their recent reports, expected the Iranian economy to grow by 3 and 7.3 percent in 2022, respectively.
You can read the full text of this report at this link.
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