Domestic Economy

Iran Leader urges inflation control, growth in production in New Year

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has named the Persian New Year the year of "Inflation Control, and Growth in Production."

Macro Economy

Iran’s economy grows by 5.3% in 3rd quarter: CBI

Figures by the Central Bank of Iran (CBI) show the country’s economy grew by 5.3% year on year in the three calendar months to December 21, 2022.

Macro Economy

Iran’s economic growth at 3.3% in Q1-3: Official report

Figures by the Iranian government’s statistics agency (SCI) show the country’s economy grew by 3.3% in the first three quarters of the Iranian calendar year (March 21 – December 21, 2022).

Macro Economy

Iran’s 11-month tax revenues up 54% YOY to $7.8 billion

The Iranian National Tax Administration collected 4,287 trillion rials ($7.88 billion) in tax during the first 11 months of the current fiscal year (started March 21, 2022).

Macro Economy

Iran economy grows by 3.6% in September quarter: Central bank

Figures by the Central Bank of Iran (CBI) show the country’s economy continued to grow in the second quarter of the calendar year that started in March 2022 despite continued economic pressure caused by American sanctions.

Macro Economy

Official report puts Iran’s Q3 employment at 37.7%

The employment rate in Iran was 37.7% (24.07 million) in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2022), up 0.4% compared with the same quarter of the last year, according to the Statistical Center of Iran.

Macro Economy

Supreme Leader urges support for private sector

Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on Monday called on executive bodies to support the private sector, saying that making all affairs governmental in the beginning years of the Islamic Revolution [1979] was a major mistake.

Macro Economy

Iran’s CBI raises interest rates to 23%

Iran has officially raised the cap on interest rates that banks in the country can charge weeks after media reports suggested the government is trying to use the monetary policy instrument to contain the rising inflation.

Macro Economy

Iran Parliament approves outlines of budget bill

An open session of the Iranian Parliament (Majlis) on Sunday approved the outlines of the budget bill of the country for the next fiscal year to start on March 21.

Macro Economy

Official report puts Iran’s annual inflation at 46.3% in January

Latest figures by the Statistical Center of Iran (SCI) show inflation in the country continued to rise in January to reach an annual rate of 46.3%.

Macro Economy