Domestic 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

Iran reports another drop in jobless rate

Iran has reported a slight fall in its unemployment rate in the quarter to late September as services, manufacturing and agriculture sectors keep performing well in the Iranian labor market.

Macro Economy

Official report puts Iran’s three-month economic growth at 4.6%

Iran’s gross domestic product (GDP) grew by 4.6% in the first quarter of the Iranian calendar year (March 21 – June 21), according to a recent report by the Statistical Center of Iran (SCI).

Macro Economy

Iranian markets regain after slight reaction to regional tensions

Different financial markets in Iran improved on Sunday after they witnessed a slight fall on the opening day of the Iranian week on Saturday.

Financial Markets