TEHRAN - Drawing a favorable outlook for the Iranian economy in 2023, the International Monetary Fund (IMF) has actually predicted that 10 major indications of the Iranian economy would experience development and enhancement in the discussed year compared to 2022.
Based upon the IMF information, Iran's Gross Domestic Product (GDP) based on the purchasing power index will grow by $91 billion or more percent in 2023 to reach $1.7 trillion.Meanwhile, Iran's GDP per capita is likewise anticipated to increase by $865 based on the purchasing power index to reach $19,528 in 2023 from $18,663 in 2022.
IMF sees Iran's GDP leaving out oil grow by two percent in 2023, and the growth of the nations economy including oil will be 2.1 percent this year.The inflation rate in Iran is predicted to be 40 percent in 2023, signing up no modification compared to 2022.
The International Monetary Fund anticipates the rate of the nations liquidity growth to decrease in 2023.
The liquidity development that reached 47.5 percent of GDP in 2022 will reduce to 45.6 percent in 2023.
The budget deficit of the Iranian federal government in 2023 will reach 6 percent of GDP, which is 1.8 percent greater than the figure in 2022.
The Iranian governments total incomes will not alter in 2023 compared to the previous year.
The Iranian governments earnings in 2023 is approximated to be 8.3 percent of the GDP, registering no modification compared to the previous year.
however, the federal governments non-oil incomes will increase from 7.4 percent of GDP in 2022 to 7.5 percent of GDP in 2023.
Based upon the IMF information, the downward pattern of the Iranian governments gross debt will continue in 2023 to settle at 31.9 percent of the GDP this year.The fund likewise predicts Iran's bank account balance to be $30.2 billion in 2023.
Iran's bank account balance in 2022 is estimated at more than $32 billion.Based on the discussed data, Iran's foreign currency reserves increase by more than $11.4 billion in 2023 and reach $42.2 billion.
Iran's offered foreign currency reserves in 2022 are estimated at $30.8 billion.
This global organization has announced that Iran's foreign currency reserves are more than $120 billion, but it declares that Iran has access to just a small part of these reserves due to the United States sanctions.According to the price quote of the International Monetary Fund, Iran's foreign financial obligation in 2022 will amount to 0.5 percent of the GDP and it is expected that this figure will stay the exact same in 2023.
EF/MA