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0,0131
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0,1943
0,0008
INR/USD
0,0105
0,0000
CNY/USD
0,1469
0,0003
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0,0005
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02:30 «City of stories»
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«City of stories»

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08.07.2618:00 Economy
China–Africa partnership expands through trade, infrastructure and regional development initiatives
29.06.2612:00 Economy
BRICS expansion signals growing interest from Global South
25.06.2619:00 Economy
New Development Bank in age of technological revolution: outcomes of Moscow meeting
03.07.2612:00 Society
Ghana joins international exchange of information via TV BRICS
30.06.2612:00 Society
Latin American countries establish media cooperation with BRICS via TV BRICS
25.06.2611:30 Society
Argentina’s media outlets show growing interest in BRICS agenda
TV BRICS
Iran
26.02.24 10:30
Economy

IMF improves Iran's economic growth forecast

Previously, the forecast was 3 per cent


In its latest report on Iran's microeconomic performance, the International Monetary Fund said that Iran's oil production growth in 2023 has exceeded expectations.

According to the IMF's new estimates, Iran's economic growth in 2023 reached 5,4 per cent, well above the previous forecast of 3.0 per cent.

The IMF also revised its forecast for Iran's economic growth for 2024 to 3.8 per cent from 2.5 per cent in October.

While global growth slowed to 3.1 per cent, Iran's economy grew more than the average of similar countries in the developing world. Western Asia averaged 2.0% growth and Saudi Arabia recorded 1.1% economic growth. This is reported by Tehran Times, a partner of TV BRICS.

At the same time, the economic growth of some other countries in 2023 had the following values: China – 5,2 per cent, India – 6,7 per cent, Russia – 3 per cent, Brazil – 3,1 per cent.

Photo: IStock
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