TEHRAN-TIMES: The World Bank (WB), in its latest report, predicted that Iran’s economy will grow 3.2 percent in 2024 and the inflation rate will decrease to 35.3 percent.
According to the estimate of the international body, Iran’s economy experienced a five percent growth and a 40.7 percent inflation in 2023. The bank has forecast that the growth of Iran's non-oil sector which was 3.8 percent last year will reach 3.0 percent in the current year. Iran's oil sector, which experienced a significant growth of 17.1 percent in the previous year will also grow by 5.0 percent in the current year, Tasnim News Agency reported. In addition, the World Bank has predicted that Iran's oil production this year will increase by 200,000 barrels compared to the previous year and will reach 3.2 million barrels per day. ... ... ...