Farzin: The state of economic growth and inflation control is better than the forecasts
According to the online economy report, Mohammad Reza Farzin, the head of the central bank of our country, on the sidelines of the annual international meeting of the International Monetary Fund and the World Bank in Morocco, in a meeting with Jihad Azour, the director of the Middle East and Central Asia department of the International Monetary Fund, referring to the actions of the central bank in curbing inflation and increasing value. Compared to its neighbors in recent years, the National Monetary Fund of Iran said: by adopting appropriate monetary policies, including limiting the balance sheets of banks and government borrowing from the Central Bank and increasing revenues from the sale of oil, the growth index of liquidity and inflation has been curbed and reduced.
Referring to the increase in Iran’s economic growth this spring to 6.2%, the 15% decrease in the Consumer Price Index (CPI) and the decrease in the Producer Price Index (PPI) to about 34%, Farzin said: the state of economic growth and inflation control with regard to According to the existing indicators, it is promising and more appropriate than the predictions.
According to this report, Azour, the director of the Middle East and Central Asia Department of the International Monetary Fund, pointed to the improvement of Iran’s economic indicators in recent years and the implementation of a positive and accurate mechanism of support programs for vulnerable groups, including the regular payment of cash subsidies in order to achieve social justice in Iran. Kurd: Iran’s economic plans have improved despite all the challenges.
According to this report, on the sidelines of the annual meeting of the International Monetary Fund in Marrakesh, Farzin met and discussed with a group of governors of the central banks of the countries of the region and the BRICS group regarding the increase of monetary and banking cooperation.
The annual meeting of the International Monetary Fund and the World Bank in 2023 will be held simultaneously from October 9 to 15 (October 17 to 23, 1402) in Morocco.
According to the public relations of the central bank, this is the first time in the last 50 years that these summits are held in the African continent.