IMF predicts economic growth of Iran in the current year by 1.5%

Almaty. August 11. Silkroadnews - Iranian government headed by President Hassan Rouhani managed to stabilize the economy and to reduce the level of rising inflation, according to the report of the International Monetary Fund (IMF).
"To date, the process of stabilization of the Iranian economy became stable, and we are already seeing dramatic improvements on curbing inflation", - quotes the Iranian News Agency (IrTAG) head of office of the IMF's Middle East and Central Asia, Masood Ahmed.
According to the forecasts of the international financial institutions in the current year, the economy of the Islamic Republic will grow by 1.5%, after two previous years of continuous reduction.
Masood Ahmed said that the economic recovery contributed to Iran partial lifting of economic sanctions against Tehran in November 2013, as well as the measures taken by the current Iranian government on reduction of state subsidies in country's energy sector.
According to the Central Bank of Iran, in the last month the country's authorities have managed to reduce the increasing rate of inflation to 15%, while the figure was 45% before the election last summer, Hassan Rouhani president of Iran.