Domestic Economy

Iran private sector welcomes CBI’s introduction of offshore rial

Iran private sector has welcomed a plan by the Central Bank of Iran (CBI) to use offshore rial in trade exchanges with Iraq and Afghanistan.

Iran Chamber

Iran to launch offshore rial by late March: CBI chief

Governor of the Central Bank of Iran (CBI) Mohammad-Reza Farzin has said that the country is scheduled to finalize a plan for using “offshore rial” in exchanges with a number of neighboring countries by the end of the current calendar year to March 20.

Financial Markets

Iranians’ per capita income grows 3% in 2022: WB

The World Bank (WB) said that the national per capita income of Iranians registered a three percent growth in 2022, adding that Iran ranked 61st among 123 countries in the world in this respect.

Iran Economy

Iran’s eight-month tax collection exceeds $12.6 billion

The total amount of taxes and duties collected by the Iranian National Tax Administration (INTA) during the first eight months of the current Iranian year topped $12.6 billion (631 trillion rials), according to INTA Head Mohammad-Hadi Sobhanian.

Macro Economy

CBI puts Iran’s H1 economic growth at 4.7%

Iranian economy has grown by 4.7% in the first half of the current calendar year (March 21 – September 22) compared to last year’s corresponding period, according to new figures provided by the Central Bank of Iran (CBI).

Macro Economy

Spokesman puts Iran’s Q2 economic growth at 7.1%

Iran’s economy grew by 7.1% year on year in the three calendar months to late September 2023, says the economic spokesman of the Iranian administration.

Macro Economy

Iran private sector welcomes parliament plan to change weekend days

Chairman of Iran Export Confederation Mohammad Lahouti has welcomed a parliament plan to change the country’s weekend days.

Iran Economy

Iran parliament rejects outlines of next year’s budget bill

Iranian parliament has rejected the outlines of the country’s next year budget bill.

Macro Economy

Iran government seeks stable revenues by preventing tax evasion

Iran’s Minister of Economy says the government intends to prevent tax evasion to ensure stable revenues for the country.

Macro Economy

Iran president submits next year’s budget bill to parliament

President Ebrahim Raisi submitted the national budget bill for the next Iranian calendar year (March 2024-March 2025) to the Majlis (parliament) on Tuesday.

Macro Economy