Economic Policies

Iran, Kazakhstan FMs hold talks at 28th ECO meeting

TEHRAN, Dec. 03 (MNA) – Iran’s Foreign Minister Abbas Araghchi met and held talks with Deputy Prime Minister & Foreign Minister of Kazakhstan Murat Nurtleu on Tuesday on the sidelines of 28th Economic Cooperation Organization meeting.

Iran’s economy grows by 4% in 6-month period: SCI

TEHRAN, Dec. 03 (MNA) – The Statistical Center of Iran (SCI) has reported a 4% growth in the Iranian economy in the first half of the calendar year (started March 21, 2024).

Pres. Pezeshkian reiterates call for Islamic unity in speech

TEHRAN, Dec. 02 (MNA) – The Iranian President Masoud Pezeshkian delivered a televised-speech to the Iranian nation to shed light on his economic policies and foreign policy on Monday evening.

Iran economy min. meets with OPEC Fund chief

TEHRAN, Nov. 25 (MNA)–Iran’s Minister of Economic Affairs and Finance Abdolnasser Hemmati, who has traveled to Riyadh to participate ion 28th WAIPA World Investment Conference, met and held talks with OPEC Fund’s President Abdulhamid Alkhali on Mon.

Iran agri. min., Japanese envoy discuss bilateral relations

TEHRAN, Nov. 23 (MNA) – Iran's Minister of Agriculture Gholamreza Nouri Ghezeljeh has said his country’s cooperation with Japan on water and food would benefit entire region, adding Iran can act as a transit corridor for export of Japanese products.

Iran must be a role model in region: President Pezeshkian

TEHRAN, Nov. 21 (MNA) – Iranian President Masoud Pezeshkian has emphasized the need for Iran to serve as a role model in the region, citing the country's Development Vision Plan crafted in alignment with the Leader's directive.

Bitcoin tops $77,000 for first time in history

TEHRAN, Nov. 09 (MNA) –  The Bitcoin cryptocurrency surged to an all-time high on Friday, rising above $77,000, according to trading data from the Binance Cryptocurrency Exchange.

US budget deficit widens to $1.8 trillion

TEHRAN, Oct. 19 (MNA) – The United States has reported its budget deficit has risen to $1.8 trillion for the past year, the third highest on record.

US share of global economy declines below 15%

TEHRAN, Oct. 10 (MNA) – The US share of the global economy has tanked below 15% during Joe Biden’s presidency. By the end of his term, it is projected to hit a record low of 14.76%, data have revealed .

Iran’s Mazandaran exports over 800,000 tons of goods to EAEU

TEHRAN, Oct. 05 (MNA) – The observer of the customs offices of Mazandaran province said that 814,000 tons of non-oil goods were exported from Mazandaran province in the first six months of the current Iranian calendar year (started March 21, 2024).

Iran’s headline inflation down 0.6% to 34.2% in September

TEHRAN, Sep. 23 (MNA) – Figures by the Iranian government’s official statistics agency show that the country’s headline inflation rate dropped slightly in September.

Sri Lanka votes in election to decide future

TEHRAN, Sep. 21 (MNA) – Millions of Sri Lankans were casting their votes on Saturday to elect a president.

President Pezeshkian says Iran will never accept bullying

TEHRAN, Sep. 16 (MNA) – The Iranian President Masoud Pezeshkian says that the United States must change its behavior towards Iran and first prove its good intentions before direct talks, stressing that Iran will never accept bullying.

Iran, Iraq to set up taskforce to broaden economic relations

TEHRAN, Sep. 12 (MNA) – Iran and Iraq have agreed to set up a taskforce to discuss a comprehensive agreement that could further boost economic and trade relations between the two countries.

Pzeshkian stresses need for people-centered economic reforms

TEHRAN, Sep. 03 (MNA) – The new Iranian president stressed the need for reforms in the economic affairs of the country in favor of the low-income families and underdeveloped areas.

Iran registers new record high in foreign direct investment

TEHRAN, Aug. 11 (MNA) – Iran saw a new record in foreign direct investment (FDI) in this year in the Iranian calendar until late March despite sanctions imposed by the United States.

Pezeshkian stresses competency, expertise in choosing cabinet

TEHRAN, Aug. 06 (MNA) – The new Iranian president Masoud Pezeshkian stressed on Tuesday that he will choose his cabinet members based on their competency and expertise in relevant fields.

Iran’s economic growth hits 5.5%: Deputy economy minister

TEHRAN, Aug. 03 (MNA) – Iran’s deputy minister of economy for the economic affairs said that the country’s economic growth rate reached from -4% in 12th government to 5.5% in the 13th government which took power in August 2021.

Iran's annual inflation rate drops to 35.5% in July

TEHRAN, Jul. 24 (MNA) – The Statistical Centre of Iran (SCI) has reported that the annual inflation rate for Iranian families reached 35.5% in the year leading to July 21.

Iran eyes 1.7 million car output in year to March: Minister

TEHRAN, Jul. 08 (MNA) – Iran’s industry minister Abbas Aliabadi says car output in the country will reach 1.7 million units in the current calendar year which ends on March 20, 2025.

Iran minister says oil production will reach 4 million bpd

TEHRAN, Jun. 22 (MNA) – Iranian Oil Minister Javad Owji says that the country plans to increase its daily crude production to 4 million barrels per day (bpd) by late March 2025.

Iran inflation rate decreases to 37%, lowest in 3 years

TEHRAN, May 25 (MNA) – The latest economic figures released show that Iran’s annual inflation rate has reached 37%, which is the lowest rate in the past three years.

US plans to impose major new tariffs on China's EVs, imports

TEHRAN, May 11 (MNA) – The Biden administration plans to impose major new tariffs on electric vehicles, semiconductors, solar equipment, and medical supplies imported from China, according to a US official and another person familiar with the plan.

Raeisi:

Iranian workers to slap enemies hard in economic field

TEHRAN, Apr. 30 (MNA) – Even now that the country is struggling with the economic war, the Iranian workers will slap the enemies hard in the economic field despite threats and sanctions.

Russia fifth among G20 countries in terms of economic growth

TEHRAN, Apr. 06 (MNA) – According to the national statistical services, last year Russia ranked fifth among the G20 countries in terms of economic growth. This is reported by Brasil 247, a partner of TV BRICS.

Official:

Tehran targeting $20 billion in trade with Baghdad by 2027

TEHRAN, Mar. 17 (MNA) – An official at Iran’s Foreign Ministry said the country is targeting an annual $20 billion trade with neighboring Iraq by 2027.