Iranian President Ebrahim Raeisi has called for an overhaul in the countrys trade policies so that exports can increase and manufacturers can boost their output to respond to a growing domestic demand. Raeisi told a high-profile meeting of the Iranian Cabinets Economic Coordination Headquarters on Tuesday that Iran should invest more on non-crude ...

Central Bank of Iran (CBI) Governor Abdolnasser Hemmati says the countys economy has emerged from nearly three years of recession caused by US sanctions and exacerbatedby the spread of the coronavirus pandemic. Hemmati wrote in an Instagram post on Saturday that two successive growth quarters for the Iranian economy in the fiscal year beginning ...

Iranian President Hassan Rouhani called on international community to respect Iran's rights to join global economy in a bid to develop non-oil exports. The president made the remarks at an economic session with participation of cabinet members in Tehran this morning. The President made the remarks in the context of Iran's rights for membership ...

The Iranian nations resistance and the administrations efforts have defeated the pressures as signs of success in economy and the health sector are obvious, President Hassan Rouhani said. The Iranian president and his cabinet members on Monday attended a ceremony at the mausoleum of Imam Khomeini south of Tehran to pay tribute to the late founder ...

Iranian President Hassan Rouhani has hailed the outcome of a recent war on the disputed Nagorno-Karabakh region in Azerbaijan, saying the liberation of occupied areas in Azerbaijan would have good economic impacts for people living on the Iranian side of the border. Speaking to his Cabinet on Wednesday, Rouhani said that the settlement of disputes ...

Central Bank of Iran (CBI) governor Abdolnasser Hemmati says raw data related to the countrys economic performance in the first half of the current calendar year suggest Irans gross domestic product (GDP) had grown by 1.3 percent compared to the March-September period in 2019. Hemmati wrote in an Instagram post on Sunday that Irans GDP had performed ...

Iranian President Hassan Rouhani said on Tuesday that his administrations wise investment in infrastructure projects has directed the countrys economy towards stability and progress. In a meeting of the Economic Coordination Headquarters on Tuesday, President Rouhani said the investment made in the development of Irans infrastructures has ...

Iranian President Hassan Rouhani said on Tuesday that his government is doing its utmost to prevent psychological insecurity and prevent the instability of the country's economic environment. Speaking during a meeting of a Government Economic Cooperation Headquarters, President Rouhani said the enemy is angry with failing to reach its goals ...

The Central Bank of Iran (CBI) has launched a new version of the most frequently-used bank note in the country to signify a transition to the new currency toman. Four zeros on CBIs new 100,000 rials note were light-hued, a picture of the note circulating in the local media on Wednesday showed. That signified Irans ongoing move toward toman, the ...

The Iranian government has issued nearly $3 billion in new debt bonds in the half year to late September 2020, shows a new report. Figures by the Monetary and Banking Research Institute (MBRI) published on Tuesday showed that bonds issued by the government, including those complying with Islamic laws known as sukuk, had exceeded 884.4 trillion rials ...

The Iranian government has amended its regulations on cryptocurrencies to allow them be exclusively used for funding imports at a time of increased pressure on the countrys normal use of hard currencies. The Cabinet amended a previously issued legislation on the use of cryptocurrencies in Iran by redirecting digital monies into the Central Bank ...

Iranian President Hassan Rouhani said overcoming the current economic situation with the least pressure possible inflicted on the economically vulnerable groups is the main aim of the government, stressing that there are no justifications for any kind of shortages and limitations in supplying basic items. The President made the remarks while ...

Iranian President Hassan Rouhani warned Sunday against the enemies' plots as they have invested in domestic conflicts to fortify their sanctions. All officials in the country should keep calm and follow political wisdom to avoid conflicts, President Rouhani said at the cabinet session held in Tehran this morning to review economic issues. Although ...

Irans main private sector advocacy group says the World Bank has accepted one of its studies showing the country has improved its business environment. A report on the website of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) published on Sunday said that that the World Bank would consider progress made by Iran in carrying ...

Iranian President Hassan Rouhani said the countrys economy has outperformed Germany after the outbreak of coronavirus pandemic, predicting a positive economic growth by March 2021. Speaking at a Saturday session of the Coronavirus Fight National Headquarters, Rouhani hailed his administrations performance in economy and production and the efforts ...

MNA President Hassan Rouhani said his government will exert every effort to propel the countrys development plans despite the challenges posed by the sanctions and the pandemic. We should not allow economic shocks, such as the US sanctions or the coronavirus, to slow down the country's development and affect peoples livelihood and welfare, Rouhani ...

Tasnim Iranian President Hassan Rouhani highlighted his administrations efforts to deal with the economic consequences of the US sanctions and the coronavirus pandemic while economic boom and stability is still high on the agenda. Speaking at a Thursday session of the Administrations Economic Coordination Headquarters, the president said the government ...

Al-Monitor - Irans Supreme Leader Ayatollah Ali Khamenei spoke about the need for an economy that is not dependent on other countries. During a virtual meeting with members of Hassan Rouhanis Cabinet, Irans Supreme Leader Ayatollah Ali Khamenei reminded members of the administration that they have one full year left and to not let it go to waste....

Financial Tribune - The average goods and services Consumer Price Index in the 12-month period ending Aug. 21, which marks the end of the fifth Iranian month, increased by 25.8% compared with the corresponding period of the last fiscal year, latest data released by the Statistical Center of Iran show. SCI had put the average annual inflation rate ...

IRNA - Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei met via videoconference with the members of the cabinet today (Sunday), stating that the economy of the country should not be linked to foreign developments in any way because it is a strategic error, adding that economic planning for the country should not be suspended to ...