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Domestic Economy

“Iran’s economy can grow by 2.5 times in medium term”

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh has said the potential capacity of Iran’s economy can be developed up to 2.5 times the current capacity in the medium term, producing some $1000 billion.

Iran Chamber

Iran government seeks to lower pressure on small taxpayers

Head of the Iranian National Tax Administration (INTA) says the country’s government seeks to reduce pressure on small taxpayers and is instead focused on taking taxes from major companies.

Macro Economy

Iran grants more tax exemptions to populated families

The Iranian National Tax Administration (INTA) has plans to grant more tax exemptions to populated families, according to an INTA spokesman.

Iran Economy

UN data puts Iran’s economic growth at 3% in 2023

The United Nations announced a three-percent economic growth for Iran in 2023, saying it surpassed the economic growth rates of 99 countries and stood in the second rank in the Middle East region.

Macro Economy

Iran private sector welcomes CBI’s introduction of offshore rial

Iran private sector has welcomed a plan by the Central Bank of Iran (CBI) to use offshore rial in trade exchanges with Iraq and Afghanistan.

Iran Chamber

Iran to launch offshore rial by late March: CBI chief

Governor of the Central Bank of Iran (CBI) Mohammad-Reza Farzin has said that the country is scheduled to finalize a plan for using “offshore rial” in exchanges with a number of neighboring countries by the end of the current calendar year to March 20.

Financial Markets

Iranians’ per capita income grows 3% in 2022: WB

The World Bank (WB) said that the national per capita income of Iranians registered a three percent growth in 2022, adding that Iran ranked 61st among 123 countries in the world in this respect.

Iran Economy

Iran’s eight-month tax collection exceeds $12.6 billion

The total amount of taxes and duties collected by the Iranian National Tax Administration (INTA) during the first eight months of the current Iranian year topped $12.6 billion (631 trillion rials), according to INTA Head Mohammad-Hadi Sobhanian.

Macro Economy

CBI puts Iran’s H1 economic growth at 4.7%

Iranian economy has grown by 4.7% in the first half of the current calendar year (March 21 – September 22) compared to last year’s corresponding period, according to new figures provided by the Central Bank of Iran (CBI).

Macro Economy

Spokesman puts Iran’s Q2 economic growth at 7.1%

Iran’s economy grew by 7.1% year on year in the three calendar months to late September 2023, says the economic spokesman of the Iranian administration.

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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