Domestic Economy

Iran’s H1 tax revenues hit $7 billion

The Iranian National Tax Administration earned 2,310 trillion rials ($7 billion) in tax revenues during the first half of the current fiscal year (March 21-Sept. 22), says Davoud Manzour, the head of the administration.

Macro Economy

Precipitation in Iran declines for third year in a row

Since the beginning of the current water year (Sept. 23), only 3 millimeters of rainfall have been registered across Iran, which shows a 44% decrease compared with the same period of last year, the head of Data and Information Department at Iran Water Resources Management Company said.

Macro Economy

Official report puts Iran’s September inflation at 42.9%

The Iranian government’s statistics agency has reported a slight increase in the country’s inflation rate in the calendar month to September 22.

Macro Economy

Iran president says political diplomacy has to serve economic diplomacy

Iranian President Ebrahim Raeisi on Saturday referred to the significance of trade and exports in the country’s new five-year development plan and said that political diplomacy has to serve economic diplomacy.

Macro Economy

Solat Mortazavi becomes Iran’s new minister of labor

Iranian president’s pick for Minister of Cooperatives, Labor, and Social Welfare Solat Mortazavi won the vote of confidence of the Iranian Parliament on Wednesday.

Macro Economy

Iran’s five-month tax revenues grow 73% YOY

Governor of Iran’s National Tax Administration Davoud Manzour put the country’s tax revenues during the first five months of the current Iranian calendar year (March 21 – August 22) at 2000 trillion rials which he said shows a 73% growth compared to figures from last year’s corresponding period.

Macro Economy