Wednesday, May 26, 2004

Iran Economy Going Up - Inflation Going Down

Mehr News Agency English: "Positive Prospects for Irans Economy: German Bank
TEHRAN May 26 (MNA) ?- Germanys Bank of Commerce predicted a 5.3 percent economic growth for Iran in the current year, Fars News Agency said on Wednesday.
The German bank also believes that the inflation rate in the country will be decreasing, the agency reported.

Referring to the recent hike in the oil prices, sustained energy at the global levels and the booming of Iran's efficient economy, the Commerce Bank of Germany envisioned a suitable prospect for the 2004-2005 periods in Iran"


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