Deputy Managing Director of the International Monetary Fund (IMF) Naoyuki Shinohara hailed Iran's economic development since President Hassan Rouhani took office in June 2013.


 According to IRNA, he made the remarks in a meeting with the Governor of Iran’s Central Bank Valiollah Seif, on the sidelines of the IMF-World Bank Annual Meeting in Washington.

Seif in this meeting, briefed Shinohara over the latest economic developments in Iran including the decrease in inflation and unemployment rate as well as the growth in country's economy in various fields and execution of subsidies reduction program.

Seif also held a meeting with Director of the IMF's Middle East and Central Asia Department Masood Ahmed. The two discussed latest developments regarding Iran and world economy.

Seif, leading a high-ranking delegation of economic officials left Tehran for Washington on Friday to participate in the event on October 10-12.

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