Domestic Economy

Iran’s Q1 economic growth at 3.8%

Figures by the Statistical Center of Iran (SCI) show the country’s economy grew by 3.8% in the first quarter of the calendar year that started late March.

Macro Economy

UN special rapporteur urges US to halt unilateral sanctions on Tehran

A UN special rapporteur has said that since the re-imposition of the US unilateral sanctions in 2018, general prices in Iran rose 85% and food prices doubled.

Macro Economy

Supreme Leader communicates general policies of Iran’s 7th development plan

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has issued a series of directives that outline the key principles of a five-year plan for economic, social and cultural development in Iran.

Macro Economy

Iran collects $6 billion of taxes in five months

Iran’s tax revenues stood at 1.853 quadrillion rials (about $6.617 billion) in the first five months of the current Iranian calendar year (March 21-August 22), Tasnim news agency reported on Sunday.

Macro Economy

Iran creates nearly 1 million jobs in a year

Iran’s labor ministry says nearly one million jobs have been created in the country in the year to late August despite economic problems facing the country because of foreign sanctions.

Macro Economy

World Bank says Iran continued gradual recovery in fiscal 2021-2022

Iran’s economy has continued its gradual recovery in 2021-22, following the rebound in domestic and external demand, reads the latest executive summary of World Bank’s new publication Iran Economic Monitor.

Macro Economy

Integration of Iranian tax system nearly complete

Almost all interment payment gateways and point-of-sale terminals are fully integrated into the tax system, concluding a project that started almost two years ago, the Central Bank of Iran vice governor for innovative technology said.

Macro Economy

Taxation accounts for nearly half of Iranian government revenues in Q1

Tax revenues accounted for 48% of all government revenues in the first quarter of the current fiscal year (started March 21), the Iranian National Tax Administration reported.

Macro Economy

Official figures put Iran’s annual economic growth at 4.4%

Central Bank of Iran (CBI) figures show Iran’s economy grew by 4.4% in the year to late March despite continued pressure on the country’s oil revenues because of American sanctions.

Macro Economy

Iran imports $4.5 billion of essential goods in Q1

A total of 5.9 million tons of essential goods worth $4.5 billion were imported during the first three months of the current Iranian year (March 21-June 21), according to a customs official.

Trade