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Domestic Economy

Prioritizing private sector can strengthen national economy: Isfahan chamber head

Amir Keshani, the chairman of Isfahan Chamber of Commerce, has urged the necessity of prioritizing the private sector, popularizing the economy, and reducing government intervention, stating that such an approach would strengthen the Iranian national economy.

Local Chambers

Iran private sector urges end to clash between FX liberalization and price controls

Iranian private sector representatives have urged the government to resolve what they describe as a contradiction between the liberalization of the exchange rate and the continued use of state-imposed price controls.

Local Chambers

Iran chamber official backs FX reform, urges protection for low-income households

A senior official at Iran Chamber of Commerce voiced support for the government’s new foreign exchange policies, including scrapping preferential rates for basic goods and redirecting subsidies directly to consumers, saying the reforms could improve transparency and curb corruption in the long run.

Iran Chamber

Iran to inject 1,400 trillion rials into industry, agriculture, official says

Iran plans to inject 1,400 trillion rials in bank financing into its industrial and agricultural sectors, a senior economy ministry official said, as the government seeks to ease pressure on businesses amid difficult economic conditions.

Iran Economy

Economy minister defends single exchange rate policy, says it backs production

Economy minister says the government’s move to unify the exchange rate and scrap preferential currency allocations was a long-standing demand of the private sector and would ultimately support production and boost national income.

Iran Economy

Iran budget risks deepening pressure on small firms, chamber research center warns

The Research Center of Iran Chamber of Commerce has warned that proposed budget policies risk intensifying pressure on small and medium-sized enterprises (SMEs), arguing that fiscal and tax measures are misaligned with the realities facing businesses.

Macro Economy

Iran Chamber official urges legal reforms after single exchange rate policy

The head of Iran Chamber of Commerce mining commission said the government should focus on reforming laws to support businesses rather than distributing a 7,000 trillion rials ($4.5 billion) support package, arguing that cash aid risks reinforcing rent-seeking and corruption.

Macro Economy

Business leader warns currency spike hurting imports

A senior Iranian business leader said sharp rises in the foreign exchange rate are preventing timely imports of raw materials for domestic industries.

Local Chambers

Iran chamber chief calls for FX reforms to be coupled with social justice

President of Iran Chamber of Commerce has urged the need for the government to take supportive measures for the vulnerable class of the society, saying foreign exchange reforms have to be pursued while taking social justice into consideration.

Macro Economy

Annual inflation hits 44.6% by late January

Iran’s annual inflation rate rose to 44.6 percent in the 12 months ending in late January, the Statistical Center of Iran (SCI) said.

Macro Economy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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