Domestic Economy

Iran Chamber of Commerce urges full compliance with FATF recommendations

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has called for the country’s full compliance with the Financial Action Task Force (FATF) recommendations.

Iran Chamber

Iran-Iraq Chamber head stresses private sector role in economic growth

Yahya Al-e Eshaq, chairman of the Iran-Iraq Chamber of Commerce, has emphasized that fostering collaboration between the government and the private sector is essential for achieving an annual 8% economic growth envisaged in Iran’s five-year development plan.

Iran Chamber

CBI chief says Trump’s election not to impact Iran’s economy

Governor of the Central Bank of Iran (CBI), Mohammad-Reza Farzin says Donald Trump’s victory as the next US president has nothing to do with Iran’s economy or its financial growth.

Iran Economy

Iran’s economy minister pledges action to normalize Iran’s status with FATF

Iran’s Economy Minister, Abdolnaser Hemmati, announced that necessary steps are being taken to suspend the Financial Action Task Force’s (FATF) measures against Iran. He stated that the Ministry of Economic Affairs is following up on essential actions to lift restrictions, aiming to protect national interests.

Iran Economy

IMF forecasts economic growth, inflation reduction for Iran

The International Monetary Fund (IMF) has reassessed Iran’s economic outlook, improving its forecasts for both inflation and economic growth compared to previous reports.

Macro Economy

Iran lifts three-year ban on Apple iPhone imports

The Iranian government has decided to lift a three-year ban on imports and registration of brand-new Apple phones.

Trade

Iran plans to adjust subsidized exchange rate based on inflation in next year budget

Iran’s government has proposed adjusting the subsidized exchange rate based on inflation for the upcoming fiscal year, a move aimed at aligning currency policy with economic realities, a senior lawmaker said.

Iran Economy

Iranian financial markets gain despite Zionist airstrikes

Iranian officials have downplayed a predawn attack by the Zionist regime on military targets in Tehran and other Iranian cities as ‘restricted’, which has caused the country’s financial markets to gain after weeks of fears about a Zionist response to Iran’s major missile attack on the Israeli-occupied territories.

Financial Markets

Iran president presents next year budget bill to parliament

Iranian President Masoud Pezeshkian presented a budget of $98.5 billion for the country’s next fiscal year to the Parliament on Tuesday.

Macro Economy

‘Contraction in industry, alarming for Iranian economy’

Samad Hassanzadeh, president of Iran’s Chamber of Commerce, has warned that the country’s industrial sector faces a continued contraction, as reflected in Iran’s PMI report, raising concerns about further capital flight if the trend persists.

Iran Chamber