economic growth
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Petrochemical Sector Growing 8 Percent Annually
SHANA (Tehran) - The acting head of the National Petrochemical Company (NPC) has said that, based on the previously made plans, the petrochemical industry will grow 8 percent annually over the 7th national development plan.
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Iran Registers Highest Rate of Growth in The Region
SHANA (Tehran) - Head of Central Bank of Iran (CBI), Mohammad Farzin, says that Iran has registered the highest rate of economic growth in the region.
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Oil Sector Records Incredible Rate of Growth
SHANA (Tehran) - Iran’s oil sector growth stood at 20.3 percent last year, consequently played a significant role in gross domestic production (GDP) growth, helping the overall economy to become larger.
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Oil Sector the Driving Force of Economic Growth, PBO
SHANA (Tehran) - All sectors of the economy have experienced a desirable rate of growth, but the oil sector plays the specific role of driving force with a higher rate of growth than other sectors.
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Iran’s 5.4% economic growth in 2023 second-highest in world: PBO chief
SHANA (Tehran) – Iran’s Plan and Budget Organization (PBO) Head Davoud Manzour posted on X, formerly known as Twitter, that the country’s 5.4 percent economic growth in 2023 reported by the International Monetary Fund (IMF) was the second-highest rate in the world.
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Economic growth has nothing to do with oil price hikes: Khandouzi
SHANA (Tehran) – Rise in oil prices does not contribute to improvement of economic growth, said the Iranian government’s economic spokesman on Tuesday.
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Oil, gas industry development main factor in Iran’s economic growth, says MP
SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee said the development of the oil and gas industry was the main factor in domestic economic growth in the previous Iranian calendar year of 1402 (March 21, 2023-March 19, 2024).
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Iran’s oil sector economic growth indicator of sanctions failure: MP
SHANA (Tehran) – The oil sector’s economic growth in the previous Iranian calendar year (ending March 19) shows that the sanctions imposed on the industry have failed, said a member of the Parliament.
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Iran’s oil sector nine-month growth tops 16%, says chief banker
SHANA (Tehran) – The oil and gas sector’s growth in the first nine months of the Iranian calendar year (starting March 21, 2023) surged beyond 16 percent, said the Central Bank of Iran (CBI) governor.
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Iran’s oil sector annual economic growth doubles despite sanctions
SHANA (Tehran) – Iran’s oil sector has witnessed a twofold increase in its annual economic growth in autumn 2023, said the government’s economic spokesman on Tuesday.
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IMF: Iran oil production beyond expectations
SHANA (Tehran) – The International Monetary Fund (IMF) increased its estimate of Iran’s economic growth in 2024, citing a higher-than-expected surge in the country’s oil production.
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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.
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Oil, gas trade effect on Iran economic growth remarkable, says lawmaker
SHANA (Tehran) – Oil and gas trade has had a remarkable effect on Iran’s economic growth, said a member of the Parliament’s Energy Committee on Saturday.
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Owji: Oil, gas industry achieves ‘unprecedented’ 25.6% economic growth
SHANA (Tehran) – Iran’s oil and gas sector has achieved 25.6 percent economic growth, an “unprecedented” rate in domestic industry, Oil Minister Javad Owji said on Wednesday.
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Iranian oil sector’s economic growth up 368%
SHANA (Tehran) – The Iranian oil sector’s economic growth rate jumps 368 percent year on year (YoY) in spring 2023.
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Oil sector’s economic growth up 368% YoY, exports account for over 24% of Iran’s GDP growth
SHANA (Tehran) – The Iranian oil sector’s economic growth rate jumped 368 percent year on year (YoY) in spring 2023.
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Owji’s X post highlights oil sector’s top position in Iran economic growth ranking
SHANA (Tehran) – Iranian Oil Minister Javad Owji’s post on X, formerly called Twitter, highlighted the oil sector’s 16.4 percent economic growth in spring 2023, the highest rate in the country.