Financial Tribune - Spokesman of the Majlis Joint Commission said Tuesday that the government has been allowed to issue Islamic bonds up to 290 trillion rials ($2.5 billion) in rials and foreign exchange for the next fiscal (March 2019-20). According to the Islamic Consultative Assembly News Agency, Mehdi Mofatteh said earnings from bonds are to ...

Press TV - The Iranian government has been allowed to get a $5 billion loan from Russia for infrastructure projects, a parliamentary spokesman said on Tuesday. Mohammad Mehdi Mofatteh, the rapporteur of parliaments ad-hoc budget review committee, said the panel also gave the government the green light to secure up to $30 billion in finance from ...

SHANA - A member of the Iranian parliament said the petrochemical industry can lead to the growth of GDP given its massive applications. Speaking to Shana, Mohammad Mahdi Mofatteh, spokesperson of the parliament's energy committee, said fresh and timely investments are required for maximizing the effectiveness of the sector in the country's economy....

[caption id="attachment_109171" align="alignright" width="148"] A view of Iran's Majlis[/caption] An Iranian parliamentary ad hoc committee reviewing the countrys national budget bill has cut the share of state-run rainy day kitty from oil revenues to 20% from 26% as oil prices keep falling. The share of National Development Fund of Iran (NDFI) from ...

[caption id="attachment_146630" align="alignright" width="166"] Mohammad Mehdi Mofatteh, the spokesman for Iranian parliamentary committee on budget review.[/caption] Iranian government is set to gain 22 percent more from income tax in the next Iranian calendar year (which starts on March 21), a lawmaker says. The spokesman for ad-hoc parliamentary ...