This 2016 Article IV Consultation highlights a rebound in economic growth in the Islamic Republic of Iran over the course of 2016-17 based on higher oil production. Real GDP grew 7.4 percent in the first half of 2016-17, rebounding from the 2015-16 recession. However, growth in the non-oil...

This Selected Issues paper analyzes impediments to correspondent banking with the Islamic Republic of Iran. Even though international nuclear sanctions were lifted January 16, 2016, Iranian banks face protracted difficulties in reentering the international financial system through correspondent...

This 2018 Article IV Consultation highlights that the real GDP growth of Iran is expected to reach 4.3 percent in 2017/18. In the first half of 2017/18, recovery broadened to the non-oil sector, aided by supportive fiscal and monetary policies and a recovery in construction and services...

This Selected Issues paper analyzes the development of domestic government securities market in Iran. The Iranian authorities have intensified efforts to develop a domestic government securities market. The Debt Management Office is fully staffed with front-mid-back office functions. An...