Iran’s draft fiscal budget targets 8% growth – president – Reuters

Iran’s draft fiscal budget targets 8% growth – president – Reuters

DUBAI, Dec 12 (Reuters) - Iranian President Ebrahim Raisi presented a draft fiscal budget on Sunday that targets an 8% economic growth in the next Iranian year which starts on March 21.

“The growth projects include 4.5% in investment growth and 3.5% in productivity growth,” Raisi told parliament in a speech carried live on state television. He did not give a total figure for the budget.

The draft budget for the new Iranian year that starts on March 21 is based on 1.2 million barrels per day in oil exports, the official IRNA news agency said.