Speaking at the 64th annual meeting of the CBI’s general assembly on Sunday, Farzin said that oil, industries and mines, services, and agricultural sectors registered 14.7, 4.5, 3.8, and 0.02 percent growth respectively over the year 1402.

The head of CBI also stated that the real sector of the country's economy experienced a growth of 4.5% based on the base price and 5% based on the market price in 1402.

Referring to the World Bank report on the regional countries’ economic growth in 2023, he said that Iran’s 5 percent economic growth in 2023 was the highest in the region which is indicative that despite the occurrence of shocks driven by military and security developments, it has been able to register the highest rate of economic growth in the region.

Elsewhere in his remarks, he said that CBI’s monetary and banking policies have enabled the collection of higher amounts of oil and gas revenues and at the same time has raised the quantity and quality of the country’s foreign currency assets.

By controlling and reducing the foreign exchange fluctuations, the percentage of return of foreign currency from exports has increased to 85 percent, he said, adding that foreign currency allocation has risen from 74 percent two years ago to 85 percent last year while the waiting period for allocating has reduced considerably.