Figures by the Iranian government’s statistics agency (SCI) show the country’s economy grew by 3.3% in the first three quarters of the Iranian calendar year (March 21 – December 21, 2022).
The Iranian National Tax Administration collected 4,287 trillion rials ($7.88 billion) in tax during the first 11 months of the current fiscal year (started March 21, 2022).
Figures by the Central Bank of Iran (CBI) show the country’s economy continued to grow in the second quarter of the calendar year that started in March 2022 despite continued economic pressure caused by American sanctions.
The employment rate in Iran was 37.7% (24.07 million) in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2022), up 0.4% compared with the same quarter of the last year, according to the Statistical Center of Iran.
Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on Monday called on executive bodies to support the private sector, saying that making all affairs governmental in the beginning years of the Islamic Revolution [1979] was a major mistake.
Iran has officially raised the cap on interest rates that banks in the country can charge weeks after media reports suggested the government is trying to use the monetary policy instrument to contain the rising inflation.
An open session of the Iranian Parliament (Majlis) on Sunday approved the outlines of the budget bill of the country for the next fiscal year to start on March 21.
Latest figures by the Statistical Center of Iran (SCI) show inflation in the country continued to rise in January to reach an annual rate of 46.3%.
The governor of the Central Bank of Iran reiterated that increasing interest rates is a compulsion.
Iranian Minister of Economic Affairs and Finance Ehsan Khandouzi said on Monday that the country plans to increase tax revenues by 50% in the fiscal 2023-24.