Iran will keep its current subsidized exchange rate for imports of basic goods in the next calendar year’s budget, according to the country’s chief banker and amid efforts to control food and medicine prices.
The Iranian agriculture ministry (MAJ) has banned exports of more crops from the country as part of efforts to control soaring food prices in the domestic market in the days remaining until the holy month of Ramadan and the new Iranian year.
Iranian state copper company has reported a major increase in its domestic and international sales in the 10th calendar months to January 19.
Iran’s representative has won one out of nine seats in the TIR Executive Board (TIRExB), an international body supervising the transport of goods and shipping of cargos across the world.
Iran’s tax revenues increased by nearly a half in the 10 months to January 19 compared to the previous same period, according to the country’s tax office (INTA).
Iran has increased its petrochemical output this year despite energy supply restrictions imposed on industries in the country.
Iran’s Ministry of Roads and Urban Development (MRUD) says cargo transit via the country rose 27% year on year in the 10 months to January 19.
Iran’s largest carmaker IKCO has hit a new record in daily production of passenger cars amid plans in the country to increase its annual car production by nearly 30%.
Iran raised its steel output by 8% last year compared to 2023 as manufacturers failed to hit higher production targets because of restrictions on energy supplies to industries, according to Iran’s state metals and mining company IMIDRO.
Iran’s exports to Afghanistan rose significantly in 2024, according to figures from the Iranian embassy in Kabul, amid growing trade ties between the two neighbors.