Iran’s oil sector economic growth hits 21.8% in autumn, says PBO head

SHANA (Tehran) – Iran’s Plan and Budget Organization (PBO) chief announced on Wednesday the oil and gas sector’s economic growth in autumn 2023 reached 21.8 percent.

Attending the weekly cabinet session, Davoud Manzour said the country’s economic growth in the season stood at 5.1 percent if the oil sector’s growth included and 2.5 percent if excluded.

Pointing to the figures released by the Statistical Center of Iran (SCI), the official said the mining and services sectors witnessed 6.9 and 4.6 percent growth during the three-month period respectively and the agricultural sector’s growth rose to minus 1 percent from minus 3 percent.

News ID 637939


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