Iranian economy emerges from Covid-19 recession: CBI governor
Ali Salehabadi, the new CBI governor in a virtual meeting with the CEO of the International Monetary Fund (IMF), economy ministers, central bank governors and regional financial service chiefs, said that “ Iran, like many other countries, has been hit hard because of the coronavirus pandemic, but is now on the right track to economic recovery. “
“Despite the losses caused by the Covid-19 pandemic, the Iranian economy grew in the spring,” said the governor of the CBI.
Salehabadi also noted that the latest statistics show Iran’s GDP growth of 6.2 percent in the second quarter of 2021, which is a significant achievement despite severe restrictions on Iran’s access to its foreign financial resources.
He, meanwhile, stressed that US sanctions have prevented Iran from buying vaccines abroad.
“The non-oil sector grew by 4.7% during the same period, indicating that the Iranian economy has emerged from recession and is heading towards recovery,” added the governor.
Salehabadi also pointed out that thanks to good planning, the unemployment rate in Iran in the second quarter of 2021 stood at 8.8%, which shows a decrease of 1% from the same period last year.
KI / IRN84515476