01882cas a2200241 a 4500 AALejournalIMF017481 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475583076 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Islamic Republic of Iran : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Iran. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (69 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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 sector averaged 0.9 percent, despite having picked up in the second quarter, reflecting continued difficulties in access to financing and domestic financial sector and structural weaknesses. Growth is projected to stabilize at 4.5 percent over the medium term as the recovery broadens. The current account is forecast to remain in surplus as higher exports offset the pickup in imports related to investment. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/062 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/062/002.2017.issue-062-en.xml IMF e-Library