Domestic Economy

Iran private sector favors the beginning of indirect talks between Tehran and Washington

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 Chamber

Iran’s first vice president urges private sector consultation to tackle economic barriers

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.

Iran Economy

Lack of trust seen as major obstacle to investment in Iran

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.

Iran Chamber

In New Year message, Leader calls for greater investment to boost production

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 Economy

Iran reports 3.7% economic growth in nine months to late December

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).

Macro Economy

Iran raises minimum wage by 45% for next year

Iran’s Supreme Labor Council approved a 45% increase in the country’s minimum wage for the upcoming year during a meeting on Saturday.

Macro Economy

Parliament votes for Thursdays to become Iran’s second weekend day

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.

Iran Economy

Economy minister dismissed by Parliament

In an impeachment session on Sunday, the majority of the Iranian lawmakers voted to unseat the country’s Economy Minister Abdolnasser Hemmati.

Iran Economy

Iran’s tax revenues surge by 51% in current fiscal year

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).

Macro Economy

Iran’s jobless rate improves 0.4% YOY to 7.2%

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.

Macro Economy