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  • EghtesadOnline: First Vice President Es'haq Jahangiri has officially ordered three Cabinet members to devise a spending plan for the $12 billion foreign finance finalized in the post-sanctions era by prioritizing the country's most urgent needs.

  • EghtesadOnline: Iran will use the recent flow of foreign finance it received mainly to fund export and energy sectors in addition to projects boosting jobs, the head of the Organization for Investment, Economic and Technical Assistance of Iran announced.

  • EghtesadOnline: Streamlining the process of attracting foreign finance can help domestic petrochemical companies to diversify their products, the head of the Energy and Environment Commission of Tehran Chamber of Commerce, Industries, Mines and Agriculture said.

  • EghtesadOnline: The government’s Economic Council has passed a new set of regulations with the aim of facilitating the approval of foreign finance for all eligible local applicants.

  • EghtesadOnline: Following complaints from the business community that it is not getting its fair share from the recent inflow of foreign finance, Economy Minister Masoud Karbasian sought to put those concerns to rest, saying the private sector is at the vanguard of receiving the funds.

  • EghtesadOnline: Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei will soon attend the next meeting of the Money and Credit Council–a financial decision-making body–to negotiate a share for the private sector from the recent stream of foreign finance flowing into the country, ICCIMA’s deputy head announced.

  • EghtesadOnline: According to Iran’s budget bill for the 2017-18 fiscal year, the government is allowed to attract up to $55 billion in foreign finance, of which projects using $30 billion have already been specified, a deputy roads and urban development minister said.

  • EghtesadOnline: Following misleading reports in the media, the Central Bank of Iran has sought to set the record straight on the recent stream of foreign finance deals, saying the government is their sole guarantor and that oil revenues are not involved.

  • EghtesadOnline: In his latest directive to the chief executives of banks, Governor of the Central Bank of Iran Valiollah Seif has laid down guidelines on how to spend any absorbed foreign finance to optimally boost national growth.

  • EghtesadOnline: Iran says it expect to clinch foreign finance deal worth a collective of about $30 billion in the near future.

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