The governor of the Central Bank of Iran (CBI) Mohammad-Reza Farzin left Tehran for Washington to meet with the officials of the International Monetary Fund (IMF).






During his trip, Farzin will be accompanied by Deputy Governor of the CBI for international affairs Mohsen Karimi.

The Islamic Republic of Iran is currently a member of the Board of Directors of the International Monetary Fund.

In a report released last month, the International Monetary Fund (IMF) announced a whopping $141 billion increase in Iran’s gross domestic product (GDP) in 2022 and ranked the country as the world’s 22nd-largest economy of the year.

According to the report, Iran’s GDP reached $1,596 billion based on Purchasing Power Parity (PPP) index in 2022, marking a $141 billion hike compared to the previous year.

In addition, drawing a positive outlook for the Iranian economy in 2023, the International Monetary Fund (IMF) had predicted that 10 major indicators of the Iranian economy would experience growth and improvement in the mentioned year compared to 2022.

IMF saw Iran’s GDP excluding oil grow by two percent in 2023, and the growth of the country’s economy including oil will be 2.1 percent this year.

The inflation rate in Iran is predicted to be 40 percent in 2023, registering no change compared to 2022.