Machine summary:
(Eqtesad• e Iran Economic Monthly, September 2002) CBI Chief Optimistic with Economy TEHRAN-Governor of Central Bank Of Iran (CBI) Mohsen Nourbakhsh has given a positive assessment of economic situation in the country in the previous calendar year (ending March 20).
7 percent economic growth in the period," he said Speaking at the CBI 42nd general assembly, he alluded to the increase in assortment of financial-based instruments available in the Tehran Bond Market, notably the relative stability in hard currency market, as having positive and redeemable effect on the public inflationary expectations and on foreign trade balance.
(Dec OS, 02) CBI OFFICIAL: Bonds, Strategic Tool In Economic Development TEHRAN-Deputy Governor of Central Bank of Iran (CBI) for Foreign Exchange Affairs Mohammad-Jafar Mojarad said here that bonds arc a strategic tool for economic development, growth of investments and creating employment opportunities.
He said the Chabahar-Milak transit route plays a significant role in developing mutual trade and economic ties between Iran and Afghanistan, as well as the countries of the region.
Dr. Kafi said Iran's saffron exports to Afghanistan reached 49 million dollars last year.
85 billion dollars worth of oil products have been exported by the international department of the National Iranian Oil Company (NIOC) over the first seven months of the current year showing a 35-percent rise compared to similar period last year.
As for imported petrol worth 400 million dollars without including the MTBE expenses, it said that a 28-percent boost is observed compared to last year.