TEHRAN, Aug 14 (KUNA) -- Iran's President Hassan Rouhani said on Sunday that up to USD five billion foreign investments entered the country since signing the nuclear deal with the western powers.
Since the Joint Comprehensive Plan of Action (JCPOA) was concluded with the world powers in July 2015, up to USD five billion foreign capitals have found their way into Iran, the president said during a meeting with the investment and development of the Kohgiluyeh province in central Iran.
Economic prosperity requires promoting ties with the world, he stressed.
The Iranian government targets a five percent growth rate in the new Iranian year (started on 20 March 2016), Rouhani said, noting that they had provided up to 500,000 new jobs last year.
According to the latest report by the Statistical Centre of Iran (SCI) on Saturday, economic growth hit 4.4 percent during the first quarter of the year, despite falls in oil prices, Rouhani said Touching on the positive effects of the nuclear deal on Iran, he said that the agreement was a great achievement, though the "other parties have not honored all their commitments." One of the honors of Iran last year was that non-oil exports stood USD one billion more than the total imports, something unprecedented in the past decades, the president said. The country's exports during the first four months of the Iranian year hit USD 3.5 billion. (end) fz.msa