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FinancialNews


  • 20-01-19

    Iran forecast to see 9 percent decline in ICT profit

    (MENAFN) Iran's Information and Communications Technology (ICT) market is forecast for a 9 percent drop during the next 2019 fiscal year.

    According to the Iranian government, as reported Eghtesadonline, the ICT sector will reach USD864 million in profit.

    It comes in comparison to the USD942 million earnings the ICT sector registered by the end of the 2018 fiscal year.

    The government ICT income, based on a study, will keep on witnessing declines over the years due to worsening inflation.

    MENAFN2001201900450000ID1097998204

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