Economic Policies

IMF predicts Iran’s economic growth to decrease -9.45% in 2019

TEHRAN, Oct. 16 (MNA) – In its latest report of World Economic Outlook, International Monetary Fund (IMF) announced that Iran’s economic growth has decreased -9.45 percent in 2019.

WB predicts Iran’s economy to move out of recession in 2020

TEHRAN, Oct. 12 (MNA) – In its latest report, World Bank (WB) forecast that Iran’s economy will move out of downturn in 2020.

Ramezani appointed as new secretary general of Iran Chamber of Commerce

TEHRAN, Sep. 23 (MNA) –Mohammadreza Ramezani has been appointed as the new secretary general of Iran Chamber of Commerce.

Cabinet earmarks $ 3.6mn for linking Caspian port to Rasht-Anzali railway: VP Jahangiri

TEHRAN, Sep. 23 (MNA) – The First Iranian Vice President Eshagh Jahangiri has said that as much as $ 3.6mn has been allocated to link Caspian port to Rasht-Anzali railway in the north of the country.

Top economic council extends CBI authorities to manage foreign currencies market

TEHRAN, Sep. 14 (MNA) – The Supreme Council of Economic Coordination Sat. decided to extend the authorities of the Central Bank of Iran (CBI) for managing the exchange market for the purpose of stability in the market.

By: Setareh Behroozi

Blockchain, an inevitable part of industrial revolution: expert

TEHRAN, Aug. 23 (MNA) – Blockchain is an inevitable part of the fourth industrial revolution, which is characterized by a range of technologies, an expert with the Information Technology Organization of Iran (ITO) said on Sunday.

Interior minister:

Enemy seeks engagement with Iran after failure of its plots

TEHRAN, Aug. 07 (MNA) – The Iranian Interior Minister Abdolreza Rahmani Fazli has said “the enemy has now realized that it has to talk to Iran in a logical and rational manner and take into account securing the country's interests.”

Economic status quo improving: VP

TEHRAN, Aug. 03 (MNA) – Hossein Ali Amiri, Iran’s vice president for parliamentary affairs, said on Saturday that according to expert’s view and despite the experienced difficulties, Iran’s economic conditions will improve by the end of the present Iranian calendar year (March 20, 2020).

German firms waiting for lasting trade with Iran

TEHRAN, Jul. 28 (MNA) – German Chamber of Commerce representative in Iran said that German firms are waiting for a lasting trade with Iran.

IMF predicts Iran’s economy to be improved in 2020

TEHRAN, Jul. 25 (MNA) – In its latest report, International Monetary Fund (IMF) on Thu. predicted that Iran’s economic growth will be positive as of 2020 after elapsing two tough economic years.

Parliament reviews measures to improve economic conditions

TEHRAN, Jul. 14 (MNA) – Iranian lawmakers reviewed on Sunday the measures to improve the economic conditions amid the economic terrorism exerted by the United States on the Iranian nation.

Rouhani stresses reforming budget structure without negative impacts on people’s lives

TEHRAN, Jun. 22 (MNA) – The Supreme Council of Economic Coordination convened on Saturday in a session that was chaired by President Hassan Rouhani and with the heads of the judicial and legislative branches taking part.

Pakistan stresses removing non-tariff barriers in trades with Iran

TEHRAN, Jun. 18 (MNA) – Pakistan Prime Minister’s Advisor on Commerce, Textile, Industries and Production called for removing non-tariff barriers with Pakistan and Iran for promotion of bilateral trade.

Zarif meets with executive secretary of UNESCAP

TEHRAN, Jun. 11 (MNA) – The executive secretary of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) met with Iran's Foreign Minister on Tuesday.

First economic forum of Caspian Sea littoral states due in August

TEHRAN, Jun. 07 (MNA) – The first economic forum of the Caspian Sea littoral states will be held on August 11-12, with representatives of the governments, private sectors, academic communities and a number of international organizations in Turkmenistan’s Awaza.

Zarif says political talks with US unlikely under sanctions

TEHRAN, Jun. 02 (MNA) – Iran will not be intimidated by President Trump’s "art of the deal pressure" by using economic sanctions to push Iran to negotiate a new nuclear deal, the country's top diplomat told ABC News.

Friday Prayer leader:

Trusting the youth key to achieve stronger economy

TEHRAN, May 17 (MNA) – Tehran's Provisional Friday Prayers leader described the Leader’s advice on relying on the young generation as a roadmap for development and achieving a stronger economy.

Parliament to hold closed session on economic, security issues: MP

TEHRAN, May 07 (MNA) – Speaker of the presiding board of the Parliament told reporters on Tuesday that a closed session will be held next week to discuss economic and security issues.

Iranian Parliament gives initial approval to formation of new ministry

TEHRAN, Mar. 11 (MNA) – The head of the Social Committee of Iranian Parliament said Mon. that the lawmakers gave their initial approval to the formation of Trade and Business Services Ministry in today’s session in the Parliament.

By: M.A Saki

Blind subsidy system costing economy greatly

TEHRAN, Mar. 06 (MNA) – The heavily subsidized gasoline and its rising consumption are putting the country in a difficult situation both strategically and economically.

Enemies target trust, belief and hope of Iranians: Pres. Rouhani

TEHRAN, Feb. 26 (MNA) – The enemies of Iran are targeting the trust, belief and hope of the Iranians, according to President Hassan Rouhani.

Top Iranian council approves boost in central bank’s supervision over credit institutes

TEHRAN, Feb. 03 (MNA) – The Supreme Council of Economic Coordination convened on Sunday in a session chaired by President Hassan Rouhani, with heads of the other branches of the government in attendance.

By Haniyeh Sadat Jafariyeh

Currency reconversion not a turning point in economic reformation

TEHRAN, Jan. 09 (MNA) – One of Iran’s main economic policies, under the framework of the sixth five-year development plan, is modification of banking system and reformation of monetary policies, moving forward toward which the Rouhani administration put forward the plan to shift the national currency from Rial to Toman earlier in December 2016 by eliminating specific number of zeroes.

150bn Rials worth of credit allocated in Sistan and Baluchestan prov.

TEHRAN, Jan. 02 (MNA) – Head of Islamic Revolution Mostazafan Foundation Mohammad Saeedikia revealed the allocation of 15 billion rials worth of credit to one of the deprived cities in Sistan and Baluchestan province.

Iran Parliament confer on economic ties with Iraq, Syria

TEHRAN, Dec. 30 (MNA) – The Spokesman for the Parliament National Security and Foreign Policy Commission Ali Najafi Khoshroudi said Sun. that Iran economic relations with Iraq and Syria was discussed during a meeting at the Parliament.

Iran foreign debt to drop to $9.3bn by year end: World Bank

TEHRAN, Dec. 28 (MNA) – According to the latest World Bank figures, at the end of the current Iranian year (ending Mar. 21, 2019) Iran's foreign debt will reduce to $ 9.3 billion while the country's oil exports are estimated at 1 million bpd next year.

Iran’s oil sales faring much better after US sanctions: Pres. Rouhani

TEHRAN, Dec. 11 (MNA) – President Hassan Rouhani said Tue. that Iran’s oil sales have been faring much better than how they did before the Nov. 5 US sanctions targeting the country’s oil sector.