Domestic Economy

Iran Parliament to discuss qualifications of proposed cabinet as of Saturday

Iranian Parliament, known as Majlis, is scheduled to begin reviewing the qualifications of President Masoud Pezeshkian’s picks for cabinet ministries on Saturday.

Iran Economy

Iran reports new record in FDI attraction

Iran saw a new record in foreign direct investment (FDI) in the calendar year to late March despite sanctions imposed by the US.

Macro Economy

Iran president presents list of proposed ministers to parliament

Iran’s newly-appointed President Masoud Pezeshkian has proposed a list of his picks for cabinet members to the Parliament.

Iran Economy

Supreme Leader formally endorses Pezeshkian as Iran’s 9th president

Supreme Leader of the Islamic Revolution has formally endorsed Masoud Pezeshkian as Iran’s new president.

Macro Economy

Iran announces a day off over unprecedented heat

The official website of the Iranian government announced on Saturday that all the state organizations and banks will be shut down on Sunday.

Society Economy

Iran’s inflation rate eases 0.6% to 35.5% in month to late July

Iran has reported a further drop in its annual inflation rate amid better government controls on basic good supplies and tighter monetary rules.

Macro Economy

Iran’s president-elect vows cooperation with private sector

Iran’s president-elect Masoud Pezeshkian says he will cooperate with private sector to ensure economic growth.

Iran Chamber

Iran’s economic growth to hit 3.3% in 2024: IMF

The International Monetary Fund (IMF) predicted that Iran’s economic growth will hit 3.3 percent in 2024.

Macro Economy

Iran’s economy to grow 3.2% in 2024, inflation to fall 5.2%: World Bank

The World Bank (WB), in its latest report, forecasted that Iran’s economy is expected to grow by 3.2% in 2024, with the inflation rate projected to decrease to 35.3%.

Macro Economy

Iran’s jobless rate declines 0.5% YOY to 7.7%: Official report

The latest figures by the Statistical Center of Iran (SCI) puts the country’s jobless rate at 7.7% in three calendar months months to late June.

Macro Economy