Iran’s private sector has expressed strong support for the beginning of indirect talks between Tehran and Washington, citing the potential for improving the country’s economic landscape.
Iran’s First Vice President has called for greater consultation with the private sector in order to address structural and economic challenges, urging business leaders to submit their proposals within 10 days to support the country’s new economic drive.
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.
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 economy expanded by 3.7% in the three quarters to late December last year compared to the same quarter in 2023, according to figures released by the Central Bank of Iran (CBI).
Iran’s Supreme Labor Council approved a 45% increase in the country’s minimum wage for the upcoming year during a meeting on Saturday.
In a Parliament open session on Wednesday, Iranian lawmakers approved a bill, voting for Thursdays to become the second weekend day of the week besides Fridays.
In an impeachment session on Sunday, the majority of the Iranian lawmakers voted to unseat the country’s Economy Minister Abdolnasser Hemmati.
Iran’s tax revenues have increased by approximately 51% compared to the previous year, according to Mohammad Hadi Sobhanian, head of the Iranian National Tax Administration (INTA).
Iran’s unemployment rate for the third quarter of the country’s calendar year (September 22 – December 21, 2024) has been reported at 7.2%, showing a 0.4% decline compared to that of last year’s corresponding period.