IRNA- The Iranian government has approved a by-law that grants five-year residency to foreign investors in line with the strategy to encourage foreign investment. The by-law was proposed by the Ministry of Economic Affairs and Finance (MEFA) to give incentives to foreign investors and secure forex revenues for national economy. It was passed by ...

Financial Tribune - Irans underground economy, according to latest data disclosed by the Ministry of Economic Affairs and Finance, was worth 5,360 trillion rials ($34.35 billion) in the year ending March 20, 2018. In other words, the part of the economy that neither pays tax nor is monitored in any form by the government made up more than 36% of ...

MNA Iranian Minister of Economic Affairs and Finance (MEAF) Masoud Karbasian said, under a Memorandum of Understanding (MoU) inked between Iran and China, the two countries will use their local currencies in trade exchanges. Speaking on the sidelines of President Rouhanis visit to China, he said, concurrently, a number of four Memoranda of Understanding ...

MNA Ministry of Economic Affairs and Finance (MEAF) was missioned to implement financial agreement inked between Iran and Italy. First Vice President Eshaq Jahangiri notified the bylaw ratified by the government with regard to obliging the Ministry of Economic Affairs and Finance (MEAF) to enforce financial agreement signed between Irans banking ...