EghtesadOnline: The Iranian government is increasingly paying more attention to expansion of new financial instruments, mainly through supporting fintechs and developing electronic banking.
EghtesadOnline: As the 700 delegates from 203 jurisdictions of the Financial Action Task Force Global Network are discussing issues surrounding the security of the global financial system, all eyes are on the Paris meeting awaiting the final decision of the global anti-money laundering group on Iran that has yet to exit the blacklist of the intergovernmental body.
EghtesadOnline: The government earned 150% more from tax than from oil in the last fiscal year (March 2016-17), the chairman of Iranian National Tax Administration said.
EghtesadOnline: India and Iran signed 15 agreements in the presence of Iranian President Hassan Rouhani and Indian Prime Minister Narendra Modi in New Delhi on Saturday.
EghtesadOnline: Lawmakers on Tuesday passed a number of measures related to the banking system and the National Development Fund of Iran while reviewing articles of the fiscal 2018-19 budget.
EghtesadOnline: Iran is the 18th biggest economy in the world, Iran's Head of the Plan and Budget Organization Mohammad-Baqer Nobakht said quoting International Monetary Fund (IMF) figures.
EghtesadOnline: The research arm of the parliament has revised upward its estimates of economic growth for the current fiscal year (March 2017-18) from the previous 4.1% to 4.6%.
EghtesadOnline: Wealth disparity is more visible in Iran today than it was a decade ago, and this is not an unfounded claim.
EghtesadOnline: The government’s overall revenues during the first nine months of the current fiscal year (March 21-Dec. 21, 2017) stood at 340.3 trillion rials ($7.24 billion), registering a rise of 27.8% compared with last year's corresponding period, while its spending hit 725.7 trillion rials ($15.44 billion) during the period to record a 35.6% growth year-on-year, the Central Bank of Iran's latest report said.
EghtesadOnline: As high-profile Iranian and European officials gathered in Paris on Thursday for the Euromoney Iran Conference 2018, an upbeat mood permeated the event with participants forecasting better investment prospects for the Middle Eastern country despite US President Donald Trump's antagonism toward the nuclear deal.