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Saturday, January 16, 2010

Foreign Investments Hit New Low

The volume of foreign investments in Iran has hit a new low. Iran’s news agency ILNA today has published statistics released by Iran’s Foreign Investment Authority showing a dramatic 93% decline in foreign investments in Iran during the current Iranian calendar year [ILNA, 16 January]. The volume of annual foreign investments stood at astonishingly low figure of $822 million.

Iranian economists quoted by ILNA blame the overall global economic slowdown and economic sanctions against Iran as the culprits.

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4 comments:

  1. AnonymousJanuary 16, 2010 at 1:19 PM

    Never believe a statistic if you yourself did not manipulated it
    "Winstin Churchuil"

    Remember my words
    The Iran economy is total policaly motivated , it means the statistic Data are total manipulated and valueless.
    according to the Government the direct foreign investment 2008 in iran was about 1,6 Bill $ which is doubled compared to 822 Mill $ mentioned in ilna
    http://www.developing8.org/2009/10/04/foreign-investment-ups-in-iran-despite-global-downturn/

    only Allah knows the truth

    ReplyDelete
  2. AnonymousJanuary 16, 2010 at 4:03 PM

    Iran managed a war (8 years)under sanctions.

    in every problem is a chance in disguise.

    Iran is a blessed country and believes in itself.

    Only those who have left Iran long ago, have lost their unique faith in Iran and are alarmed by such insignificant issues.

    ReplyDelete
  3. AnonymousJanuary 16, 2010 at 8:04 PM

    The real picture is even more bleak. According to figures published recently by the Central Bank of Iran, the total foreign investment in Iran for the first 5 months of the current Iranian year (March 21 till August 21, 2009) has been zero. Here is the report:
    http://www.fardanews.com/fa/pages/?cid=99178

    According to the same report, other economic indicators look pretty dismal too.

    ReplyDelete
  4. Nader UskowiJanuary 16, 2010 at 10:26 PM

    Anon 1:19,
    The figures quoted by ILNA is from the government’s own foreign investment authority. It would be amazing if the government manipulated the figures to show that the volume of investments have hit new lows (outfoxing even Churchill!) Please note even at $1.6 billion, the situation would be beyond alarming. Also, these statistics are in the domain of economics, not religion.

    Anon 4:03,
    Agreed that every problem is an opportunity in disguise, if handled correctly. A near-zero foreign investment is not an insignificant issue.

    ReplyDelete