Domestic Economy

“Iran’s GDP can triple in medium term”

Vice-President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Mohammadreza Bahraman believes Iran has the potential to triple its GDP in the medium term.

Iran Chamber

Iran to rise next year wages based on expected inflation

Head of Iran’s Planning and Budget Organization Davoud Manzour has said that the government plans to determine next year wages based on expected inflation.

Macro Economy

Iran’s basic goods imports at around 23 million mt in 11 months

Iran has imported some 22.88 million metric tons (mt) of essential goods worth $17.8 billion in eleven calendar months to February 19, according to a recent update by the country’s customs administration (IRICA).

Iran Economy

IMF raises Iran 2024 economic growth outlook

The International Monetary Fund (IMF) has increased its outlook of economic growth in Iran for 2024, attributing it to a surge in the country’s oil production.

Macro Economy

Official puts Iran’s GDP at $1.81 trillion

Head of Iran’s Plan and Budget Organization Davood Manzour has said that this country is now the 19th largest economy in the world, with a gross domestic product (GDP) of $1.81 trillion based on the purchasing power parity (PPPs).

Macro Economy

IMF puts Iran’s 2023 economic growth at 5.4%

The International Monetary Fund (IMF) has announced that Iran’s economy grew by 5.4% in 2023.

Macro Economy

Supreme Leader hails growth of Iranian private sector

Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has appreciated the significant growth of Iranian private sector producers.

Iran Economy

“Iran’s economy can grow by 2.5 times in medium term”

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh has said the potential capacity of Iran’s economy can be developed up to 2.5 times the current capacity in the medium term, producing some $1000 billion.

Iran Chamber

Iran government seeks to lower pressure on small taxpayers

Head of the Iranian National Tax Administration (INTA) says the country’s government seeks to reduce pressure on small taxpayers and is instead focused on taking taxes from major companies.

Macro Economy

Iran grants more tax exemptions to populated families

The Iranian National Tax Administration (INTA) has plans to grant more tax exemptions to populated families, according to an INTA spokesman.

Iran Economy

Featured

Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has appreciated the significant growth of Iranian private sector producers.

Supreme Leader hails growth of Iranian private sector