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Iranian economy grew six percent in the calendar year to March 19, down from growth of 7.4 percent the previous year, a senior economic official was quoted as saying on Monday by the official IRNA news agency.
Deputy Economy and Finance Minister Saeed Shirkavand attributed Iran's high rate of economic growth to an influx of foreign investment.
"In view of the high economic potentials of the country, we should further help the growing trend of the economy by attracting more capital," IRNA quoted him as saying.
The Iranian Central Bank has yet to release official figures for economic growth in the latest calendar year to March 19.
For the previous year, the bank has said the economy expanded by 7.4 percent thanks to a 5.1 percent expansion of the key oil sector and 7.8 percent non-oil sector growth.
Iran's parliament this month approved the government's latest five year economic development plan for 2005-2010 which targets an annual economic growth rate of eight percent.
Officials say such high growth rates are needed to keep pace with the large number of new job seekers entering the labour market each year in the country of 66 million people.

Copyright Reuters, 2004

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