TEHRAN: Iran’s agriculture sector is moving forwards, according to Business Monitor. The government’ continued investment in infrastructures yields a positive prospect for the husbandry sector of Iranian economy in long- and short-terms.
According to the report, an enhanced productivity of Iran’s agriculture industry would help production growth in 2015.
The measures taken will result in better-quality grains and modernizing irrigation systems will help Iran turn away from its dilapidated irrigation systems.
The country’s wheat yields are forecast to experience a 6.1 percent rise, touching 151 mn tons in 2017-2018.
Iran’s Growth Domestic Product (GPD) in 2015 has been predicted to be 1.4 percent compared to 1.2 percent in 2014. The report also predicts a 2.7 percent rise in Iran’s average long-run GDP by 2019.
Inflation rate in 2015 has been foreseen to be an annualized 23 percent in 2015 which was 21 percent in 2014.
