Iran sees 8 percent growth/year under post-sanctions plan: minister
BERLIN (Reuters) - Iran is aiming for 8 percent annual economic growth under a new development plan being implemented after the lifting of sanctions on the country this year, Iranian Energy Minister Hamid Chitchian said on Thursday.
Iran emerged from years of economic isolation in January when world powers led by the United States and the European Union lifted crippling sanctions against OPEC's No.3 oil producer in return for curbs on Tehran's nuclear ambitions.
"Iran is implementing a development plan that aims for yearly growth of 8 percent," Chitchian said at a German-Iranian Economic Forum in Berlin.
(Reporting by Joseph Nasr; Writing by Paul Carrel; Editing by Madeline Chambers)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Iran insists on diplomatic solution after Trump rejects peace plan
- Boeing flags 737 MAX software glitch affecting landing navigation feature, WSJ reports
- Monzo in talks on sale to Nubank at about £10 billion valuation, Sky News reports
Create E-mail Alert Related Categories
ReutersRelated Entities
OPECSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share