President Masoud Pezeshkian has said that Iran’s government plans to intensify its engagement with the private sector to facilitate investment in production, as part of efforts to implement the country’s economic agenda for the year.
A senior Iranian business leader has identified lack of trust as the most significant barrier to investment in the country’s production sector, underscoring the need for comprehensive economic reforms to boost investor confidence.
Naming the Iranian New Year as the year of “Investment for Production” will play a key role in achieving the country’s 8% economic growth target, according to a statement by Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).
In his New Year address, Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei urges the Iranian government and nation to focus on efforts to improve the economy, especially through increased investment aimed at boosting production.
Iran’s monthly PMI has experienced a third decline in a row which happened despite expectations for an uptick in demand ahead of the country’s New Year holidays.
5 March 2025