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Iran Economic Monitor, March 2016 : Seizing the Opportunity

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collection.link.85
https://openknowledge.worldbank.org/handle/10986/2193
collection.name.85
Economic Updates and Modeling
dc.contributor.author
World Bank
dc.date.accessioned
2016-06-03T20:13:45Z
dc.date.available
2016-06-03T20:13:45Z
dc.date.issued
2016-03
dc.description.abstract
Following the partial lifting of nuclear-related sanctions in November 2013 under the interim Joint Plan of Action (JPOA), Iran's economy rebounded in 20141 and is estimated to have expanded by 0.5 percent in 2015. A less accommodative monetary policy stance reduced inflationary pressures, with the Consumer Price Index falling to 8.9 percent in February 2016, from a peak of 45.1 percent in June 2013. Notwithstanding this positive development,the pace of job creation has remained weak and the unemployment rate rose to 11.7 percent in 2015, up from 10.6 percent in 2014. The fiscal balance of the central government also deteriorated, mostly due to low oil prices, from a deficit of 1.2 percent of GDP in 2014 to a deficit of 2.7 percent of GDP in 2015. Similarly, the current account surplus is estimated to have shrank from 3.8 percent of GDP in 2014 to 0.6 percent of GDP in 2015 due to falling oil receipts.
en
dc.identifier.uri
http://hdl.handle.net/10986/24409
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
TOTAL REVENUE
dc.subject
MONETARY POLICY
dc.subject
RISKS
dc.subject
CAPITAL MARKETS
dc.subject
UNEMPLOYMENT RATES
dc.subject
GOVERNMENT EXPENDITURES
dc.subject
INTERGENERATIONAL EQUITY
dc.subject
ECONOMIC GROWTH
dc.subject
PRODUCTION
dc.subject
PRICE INCREASES
dc.subject
POLICY ENVIRONMENT
dc.subject
ENVIRONMENTAL DEGRADATION
dc.subject
STOCK
dc.subject
INCOME
dc.subject
INTEREST
dc.subject
PROJECTIONS
dc.subject
EXPECTATIONS
dc.subject
MARGINAL COST
dc.subject
MONEY SUPPLY
dc.subject
PRODUCERS
dc.subject
INTEREST RATE
dc.subject
REAL GDP
dc.subject
EXCHANGE
dc.subject
FINANCIAL RESOURCES
dc.subject
LABOR FORCE
dc.subject
LIQUIDITY
dc.subject
EXPORTS
dc.subject
REVENUES
dc.subject
FISCAL POLICY
dc.subject
WELFARE
dc.subject
RISK PREMIUM
dc.subject
ECONOMIC IMPLICATIONS
dc.subject
BONDS
dc.subject
DEVALUATION
dc.subject
MACROECONOMIC CONDITIONS
dc.subject
DISTRIBUTION
dc.subject
CAPACITY BUILDING
dc.subject
EQUILIBRIUM
dc.subject
VARIABLES
dc.subject
MODELS
dc.subject
SUBSIDY
dc.subject
OWNERSHIP
dc.subject
BENCHMARKS
dc.subject
PAYMENTS
dc.subject
WEALTH
dc.subject
BANKRUPTCY
dc.subject
ECONOMIC LOSS
dc.subject
FREE TRADE
dc.subject
INFLATION
dc.subject
AUDITS
dc.subject
ECONOMIC OUTLOOK
dc.subject
CENTRAL BANK
dc.subject
ECONOMIC ACTIVITY
dc.subject
DEVELOPMENT
dc.subject
EQUITY CAPITAL
dc.subject
FISCAL POLICIES
dc.subject
CONTRACTUAL ARRANGEMENTS
dc.subject
INFLUENCE
dc.subject
OIL PRICES
dc.subject
TECHNICAL ASSISTANCE
dc.subject
OIL
dc.subject
CAPITAL GAINS
dc.subject
EXOGENOUS VARIABLES
dc.subject
MONEY
dc.subject
EXPECTED RETURN
dc.subject
OPEC
dc.subject
NET EXPORTS
dc.subject
MARKETS
dc.subject
DEBT
dc.subject
INFLATION RATE
dc.subject
POTENTIAL OUTPUT
dc.subject
ECONOMIC SIZE
dc.subject
ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES
dc.subject
TAX REVENUES
dc.subject
INVENTORIES
dc.subject
PARTIAL PRIVATIZATION
dc.subject
NATURAL RESOURCES
dc.subject
AVERAGING
dc.subject
METALS
dc.subject
TRADE POLICIES
dc.subject
EFFICIENCY
dc.subject
TAXES
dc.subject
RESOURCES
dc.subject
UNEMPLOYMENT
dc.subject
ENERGY CONSUMPTION
dc.subject
EQUITY
dc.subject
CONSUMPTION
dc.subject
HUMAN CAPITAL
dc.subject
PROFITABILITY MEASURES
dc.subject
VALUE ADDED
dc.subject
OPPORTUNITY COST
dc.subject
ECONOMIC IMPACT
dc.subject
CAPITAL
dc.subject
WAGES
dc.subject
CLIMATE CHANGE
dc.subject
INTERNATIONAL TRADE
dc.subject
TRANSPARENCY
dc.subject
UNEMPLOYMENT RATE
dc.subject
VALUES
dc.subject
MARKET PRICES
dc.subject
VALUE
dc.subject
POLICY MAKERS
dc.subject
BENCHMARKING
dc.subject
COMPETITIVENESS
dc.subject
CREDIT
dc.subject
MACROECONOMICS
dc.subject
PURCHASING POWER
dc.subject
ECONOMIC SECTORS
dc.subject
DEMAND
dc.subject
CPI
dc.subject
MINES
dc.subject
CONSUMERS
dc.subject
AGRICULTURE
dc.subject
ECONOMY
dc.subject
EXPENDITURES
dc.title
Iran Economic Monitor, March 2016
en
dc.title.subtitle
Seizing the Opportunity
en
dc.type
Report
en
okr.date.disclosure
2016-05-17
okr.doctype
Economic & Sector Work :: Economic Updates and Modeling
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2016/05/26377975/iran-economic-monitor-seizing-opportunity
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b084339058_1_0
okr.identifier.internaldocumentum
26377975
okr.identifier.report
105714
okr.imported
true
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/05/17/090224b084339058/1_0/Rendered/PDF/Iran0economic00zing0the0opportunity.pdf
en
okr.region.administrative
Middle East and North Africa
okr.region.country
Iran, Islamic Republic of
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Industry :: Oil Refining & Gas Industry
okr.topic
Social Protections and Labor :: Employment and Unemployment
okr.topic
Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic
Finance and Financial Sector Development :: Banks & Banking Reform
okr.unit
MNAEC - External Communications (MNAEC)

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