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FinancialNews
07-04-20
SCI: Iran's gross domestic product register growth rate of 0.9 percent
(MENAFN) Iran's gross domestic product (GDP), excluding the oil sector, has recorded an expansion rate of 0.9 percent in the autumn of the past Iranian calendar year, according to Statistical Center of Iran (SCI).
It is while last month the Central Bank of Iran (CBI) Governor Abdolnaser Hemmati had rated the GDP expansion at 1.2 percent for the mentioned season, which is Q3 of the Iranian year.
As said by Hemmati, "Iran's economic performance shows that despite maximum pressure imposed by the U.S. sanctions, Iran's economy has achieved good results in the framework of the production boom strategy outlined by the leader of the Islamic Revolution".
CBI put the expansion for Iran's agriculture, industry, construction, and services sectors at 7.8 percent, 7 percent, and 1.2 percent, for the stated quarter.
MENAFN0704202000450000ID1099982635
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