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EghtesadOnline: Here are Iran's economic news headlines for April 22:

1. Mohammad Reza Pourebrahimi, chairman of Majlis Economic Commission: With the current inflationary trend, dropping four zeros from the  rial would be appropriate. (IRIB News)

2. Deputy head of Iran's Small Industries and Industrial Parks Organization, Mohammad Ali Azizmohammadi: Iran’s industrial towns exported $3.75 billion worth of commodities last year (ended March 20). (IRNA)

3. Mohammad Es’haqi, official with the Supreme Council of the Cultural Revolution: As much as 8 million liters of gasoline is smuggled out of Iran every day. (IRIB News) 

4. Faraz Rabeie, director of Iran Water Resources Management Company: The current water year (started September 23, 2018) has been the rainiest in almost half a decade. (ILNA)

5. Isa Kalantari, head of the Department of Environment: The negative impact of recent floods on the environment was insignificant. (IRNA) 

6. Parviz Khosroshahi, official with the Central Insurance company: The recent floods have caused about 3,300 billion rials (about $24 million) in damage to residential units. (IRNA)

7. Oil Minister Bijan Zanganeh: Negotiations are underway with a Chinese company to complete the South Pars Oil Field Phase 11. (Mehr News Agency)

8. President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafeie: Oman is a secure corridor for Iranian exports. (otaghiranonline.ir)

9. Iran Fisheries Organization head Nabiullah Khun Mirzai: Iran is ready to invest jointly with Oman in the fishery industries. (IRNA)

10. First Vice President Es'haq Jahangiri: Iran welcomes presence of Turkish investors in investment projects. (IRNA)

11. Minister of Industries, Mining and Trade Reza Rahmani: Iran and Bangladesh can increase bilateral trade to $1 billion per annum. (Mehr News Agency)

12. Armenian Minister of Transport, Communications and Information Technologies Hakob Arshakyan: Armenia will focus on high-quality renovation of roadways entering Georgia and Iran. (Arka News Agency)

13. Head of Iran Plant Protection Organization Mohammad Reza Dargahi: The locust swarms that have swept six of Iran's southern provinces are highly dangerous and can threaten our food security if we fail to control it. (IRNA)

14. Head of Iran National Carpet Center Fereshteh Dastpak: All carpet weavers will come under insurance cover this year (March 2019-20). (ISNA)

15. Mohammad Teymouri, deputy director of Iran’s Road Maintenance and Transportation Organization: More than 900 million trips are made locally, 90% of which are by road. (IRNA) 

 

Iran Headlines Economic News