The figures indicate the loss of the country's automobile industry, however, some experts argue it is not true that this industry is "unprofitable". But if such a claim is true, what is the reason behind the failure of car manufacturers?

IRNA President Hassan Rouhani said the main part of the enemys war on Tehran is attempting to instill that the Iranian government is effective, distort its capabilities, and deny its successes in order to disappoint people and weaken resistance to the US economic war. Referring to Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei ...

MNA Chairman of Iranian Parliament National Security and Foreign Policy Commission said that government should not be shaken if Irans arms embargo is extended at the UN Security Council. Speaking in an interview with Mehr news agency on Sat., Mojtaba Zonnour added, government of the Islamic Republic of Iran should announce what measures it will ...

IRNA - Iranian President Hassan Rouhani said on Sunday that the Government is determined to create a balance in terms of satisfactory supply of the fundamental needs of the people and thwart all pressures imposed by the enemies as well. The government will keep the forex market in balance, President Rouhani said at an economic session with participation ...

Al-Monitor - The Iranian rial continues to lose value against foreign currency, as exporters face high costs due to sanctions and the government continues a policy of forcing them to accept low exchange rates. The currency exchange market in Iran is experiencing another volatility cycle with the Iranian rial (IRR), losing its value repetitively ...

MNA President Hassan Rouhani says the government is ready for close cooperation with the new Parliament within the frameworks of the Islamic Republics constitution. Addressing the inauguration ceremony of the 11th Iranian Parliament on Wednesday, Rouhani said, Through close cooperation between the government and the Parliament, we can provide effective,...

Financial Tribune - According to a telephone survey of 1,028 Tehrans residents conducted from April 5-8, a total of 64.4% said they need government aid due to the economic hardship inflicted by the coronavirus outbreak, 34.6% said they dont need it and 1% didnt respond More than 64% respondents to an opinion poll in Tehran said they need ...

MENAFN - AzerNews - Iran's government should implement necessary measures to support individuals to earn a living during the coronavirus spread, said a member of national security commission of Iran's parliament Alaeddin Boroujerdi, Trend reports citing ILNA. "While some families are currently struggling, the govenment can order to have their bank ...

Financial Tribune - Government officials have put forth a range of measures to lessen the detrimental impact of the new coronavirus outbreak on economic entities. The Iranian National Tax Administration is offering penalty abatement waivers for the last Iranian month (Feb. 20-March 19) following the outbreak of the new coronavirus, also known as ...

Financial Tribune | Amin Sabooni: Many governments and municipalities say they use the money for a variety of reasons, such as promoting cultural attractions and domestic tourism, improving transportation and renovating airports, seaports and border exit points Departure tax is a permanent fixture in many parts of the world for people travelling ...

Radio Farda - A court in Tehran has sentenced a colleague of the imprisoned Iranian billionaire to twenty years of jail and repaying $1.3 billion of what prosecutors say is governments embezzled funds. According to the Islamic Revolution Guards Corps (IRGC)-run news agency, Tasnim, Alireza Ziba Halat Monfared has also been "fined." Ziba Halat ...

Financial Tribune - The Ministry of Economy will issue Islamic financial securities worth 380 trillion rials ($3.3 billion) to partly compensate the budget deficit for the current fiscal year (March 2019-20). The figure is apart from the 380 trillion rials originally approved by Majlis in January when debating the budget bill, Fars News Agency reported....

IRNA Iran's Vice-President for Legal Affairs Laiya Joneidi stated on Wednesday that women's presence at stadiums is authorized, adding the government supports this issue. She told reporters on the sidelines of cabinet session, noting the government has created the needed conditions regarding the issue so far and will do the same in the future. The ...

Financial Tribune - The Iranian government has agreed to invest 26 trillion rials ($225 million) in Iran National Innovation Fund to support knowledge-based companies and startups. INIF invests in startups and knowledge-based companies and acts in line with the Iranian governments agenda of curbing reliance on oil reliance and boosting digital economy....

MNA Vice President for Women and Family Affairs Massoumeh Ebtekar said that removal of economic problems is one of the prioritized programs of the government. Paying due attention to livelihood and removing economic problems facing citizens, caused by US sanctions imposed on Iran, have been put atop agenda of the government dubbed hope and prudence....

Financial Tribune - In terms of deciles, each family in the tenth (highest) decile on average gets 210 million rials ($1,400) in hidden subsidies while the amount for the first decile (lowest) is 30 million rials, a gross injustice in wealth distribution The policy of granting costly subsidies to help improve the quality of life of the people have ...

Al-Monitor | Mohammad Reza Niknejad:Although governments are responsible for dealing with natural disasters, individual and collective relief efforts by citizens cannot be overlooked. Indeed, the effectiveness of private relief endeavors in past decades in Iran has paved the way for more and better public engagement in humanitarian efforts, most notably ...

IRNA - Iranian lawmakers obliged the government to take legal action against the United States' illegal decision on blacklisting the Islamic Revolution Guard Corps (IRGC) in the international bodies. Representatives in an open session of parliament on Tuesday and in the further consideration of the double-urgency bill on reciprocal measure against ...

MNA In a bid to protect Iranian economy and prosper industrial parks, some 400 trillion rials (about $9.52 billion) of financial resources will be granted to Small and Medium-sized Enterprises (SMEs) during the current Iranian calendar year (started on March 21, 2019), Deputy Industry Minister Mohsen Salehinia announced on Saturday. Salehinia, ...

Bourse and Bazaar | Navid Kalhor: President Rouhanis budget proposal for the upcoming Iranian year will see the government run a deficit amounting to about 10 percent of GDP or 60 percent of the states general budget, excluding oil revenues and withdrawals from the National Development Fund. Rather than increase tax collection to ease budget gaps,...