Domestic Economy

Iran private sector welcomes parliament plan to change weekend days

Chairman of Iran Export Confederation Mohammad Lahouti has welcomed a parliament plan to change the country’s weekend days.

Iran Economy

Iran parliament rejects outlines of next year’s budget bill

Iranian parliament has rejected the outlines of the country’s next year budget bill.

Macro Economy

Iran government seeks stable revenues by preventing tax evasion

Iran’s Minister of Economy says the government intends to prevent tax evasion to ensure stable revenues for the country.

Macro Economy

Iran president submits next year’s budget bill to parliament

President Ebrahim Raisi submitted the national budget bill for the next Iranian calendar year (March 2024-March 2025) to the Majlis (parliament) on Tuesday.

Macro Economy

Iran’s monthly inflation rate drops to 2.2% in November

Iran’s monthly inflation rate has slightly declined to settle at 2.2% in the Iranian calendar month ending on November 21, according to recent data released by the Statistical Center of Iran (SCI).

Iran Economy

Another part of Iran’s assets to be unfrozen soon: Chief banker

Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin has said that another part of Iran’s frozen assets will be released and handed over to Iran soon.

Financial Markets

TCCIMA, Iran Customs Administration ink cooperation MOU

Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and the Islamic Republic of Iran Customs Administration (IRICA) signed a memorandum of understanding (MOU) to cooperate in facilitating foreign trade.

Local Chambers

“Iran should have at least 0.5% share of world economy”

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Hossein Selahvarzi has said that given its natural resources and workforce, Iran should not have less than a 0.5% share of the world economy.

Iran Chamber

Iran’s foreign debt down 28% to $5.597 billion: CBI

Latest figures provided by the Central Bank of Iran (CBI) put Iran’s foreign debt at the end of fiscal month to July 21 at $5.597 billion.

Macro Economy

Iran’s seven-month tax revenues at $7.9 billion

Iran has collected as much as 4,090 trillion rials ($7.9 billion) of taxes in the first seven months of the current Iranian calendar year (March 21 – October 22), according to an official with the knowledge of the matter.

Macro Economy