News and Views
- The International Monetary Fund published a report measuring macroeconomic indices for the Middle East and Central Asia in which Iran’s economic status in the next year has been ranked higher, compared to the current year, albeit if sanctions on Iran are alleviated. According to this report, Iran’s economic growth and GDP will reach from 0.8% to 4.4% and $396.9 bn to $416.2 bn, respectively in 2016. It is worth mentioning that IMF does not expect any significant growth for the non-oil section as a result of the nuclear deal and a mild hike of reaching from 1% to 2.8% has been estimated for this part.
- After the introduction of the economic growth package, in an opinion poll, Donyaye Eghtesad asked the opinions of 44 economists in the country. The results demonstrated that only 4.5% of these experts accepted inflation control as the main reason to recession; only 13.6% regarded demand boost as the best policy under the current circumstances; and 86.4% of those experts believed that expansionary policies are either ineffective in terms of production or hold short-term effects. Besides, regarding the execution of monetary policies, only 5% of those experts held the idea that the future expansionary policies should be implemented through the monetary base increase.