Domestic Economy

Iran’s private sector highlights public trust in drafting development plan

The President of Iran Chamber of Commerce, Industries, Mines, and Agriculture has highlighted the need to prioritize social capital and public trust in government policies while drafting the country’s new development strategy.

Iran Economy

Iran’s economy grows 2.9% in H1 fiscal year

Iran’s gross domestic product (GDP) expanded by 2.9% year-on-year in the first half of the current Iranian calendar year (March 20 – September 21), according to a new report from the country’s central bank.

Macro Economy

Iran annual inflation rate eases to 32.5% in December

Iran’s annual inflation rate for the calendar month to late December dropped to 32.5%, marking a 0.6 percentage point decline compared to the previous month, the Statistical Center of Iran (SCI) reported on Sunday.

Macro Economy

Iran’s Expediency Council to review FATF issue if submitted: Larijani

Iran’s Expediency Council will consider the country’s potential membership in the Financial Action Task Force (FATF) if the matter is brought before it, said its head, Ayatollah Sadeq Amoli Larijani.

Iran Economy

Iran’s producer inflation hits seven-year low

Iran’s annual producer price inflation (PPI) dropped to its lowest level in seven years, Central Bank of Iran (CBI) Governor Mohammadreza Farzin announced.

Macro Economy

Iran’s economy grows by 4% in H1 fiscal year

Iran’s Gross Domestic Product (GDP) grew by 4% in the first six months of Iran’s current calendar year (March 20 – September 21), with non-oil GDP rising by 2.6% compared to the same period last year, according to a report by the Statistical Center of Iran (SCI).

Macro Economy

Iran imports 61.5 tons of gold in 8 months

Iran has imported some 61.5 tons of gold in the eight months to November 20 amid efforts to offset sanctions that restrict the country’s access to the international banking system.

Iran 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