Reference News Network February 26** According to Iran's Press TV **February 25**, the International Monetary Organization raised its previous ** for Iran's economic growth in 2023 due to a higher-than-expected increase in Iran's oil production.
The International Monetary Organization (IMO) has released its latest quarterly report, World Economic Outlook, indicating that Iran's economy will grow by 54%, a significant increase compared to the previous year. The IMF had previously said that Iran's economy would grow by 3% in 2023.
According to the report, the International Monetary Organization also said that Iran's economic growth rate in 2024 will be 37%, after the agency's ** in October 2023 was 25%。
The International Monetary Organization attributed the upward revision to Iran's economic growth rate to a surge in Iran's oil production. Iran's oil production has exceeded 2.7 million barrels per day so far in 2024, according to the International Monetary Organization.
The report also said that Iran** agencies reported that Iran is on a path to controlling inflation and can return economic growth to pre-2018 levels. The United States withdrew from an international agreement on Iran's nuclear program in 2018 and reimposed sanctions on Iran. (Compiled by Hu Xue).
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*: Refer to the news network.