EghtesadOnline: Majlis Research Center has forecast a 3% economic growth and an 11.5% inflation rate for the next Iranian year (starting March 21).
EghtesadOnline: As per the budget bill of the next fiscal year (starting March 21), the government will allocate a total of 3,270 trillion rials ($76 billion) to create more than 1.03 million jobs, the government spokesman said.
EghtesadOnline: Iran and Italy on Thursday signed a Master Credit Agreement worth €5 billion in Rome, making it the biggest foreign finance deal reached between Iran and a member of the European Union.
EghtesadOnline: Iranian economist Hamid Azarmand believes that the gravest concern about the future of Iran’s economy is for the government to question economic reforms.
EghtesadOnline: The Majlis Joint Commission has given the nod to most of the government’s proposed figures in the budget bill for the next fiscal year (starting March 21) regarding the issuance of Islamic debt securities.
EghtesadOnline: With too many irons in the fire, the government and the Central Bank of Iran do not seem to be in the mood for making tough decisions, especially in the foreign exchange market.
EghtesadOnline: Iran's economy grew by 5.6% in the first half of the current fiscal (March 21-August 22) compared to last year's corresponding period, according to the Statistical Center of Iran's latest report released on Wednesday. The SCI has put H1 growth at 6% without taking into account oil production.
EghtesadOnline: Hard-hitting sanctions drove the Central Bank of Iran to direct the bulk of its focus toward boosting economic growth and job creation, and as the vice governor of the regulatory entity outlines, those policies are now increasingly bearing fruit.
EghtesadOnline: Iran’s non-oil trade with member states of the Association of Southeast Asian Nations reached $2.63 billion during the eight months to November 22, registering 55.5% growth year on year.
EghtesadOnline: A few months into the implementation of a Central Bank of Iran directive that meant changes for the banking system, depositors and markets, the regulator’s deputy for economic affairs has deemed it a successful scheme for giving rise to positive results.