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Domestic 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

Iran’s manufacturing sector grows 5.1% YOY in March-August

Figures by the Iranian industries ministry (MIMT) show the country’s manufacturing sector expanded by 5.1% in the five calendar months to August 22 compared with the same period last year.

Macro 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

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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