EghtesadOnline: As the budget deficit expands, the Economy Ministry has asked the government to divest a part of its stakes in seven companies.
EghtesadOnline: The Economy Minister Ehsan Khandouzi says finding new ways and means to sustainably finance the government budget is a priority to his ministry.
EghtesadOnline: President Ebrahim Raeisi was sworn into office as Iran’s 8th president before parliament and dozens of foreign dignitaries on Thursday as he pledged to rescue the country’s ailing economy.
EghtesadOnline: The overall Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s overall economy dropped in the third month of the current Iranian year (May 22-June 21) after emerging in the second month from a steep decline of the first fiscal month (started March 21).
EghtesadOnline: The Central Bank of Iran says volatility in the currency market is ephemeral. In a press release published on its public relations website, it said “macroeconomic variables improved last year despite escalation in the US economic sanctions and outbreak of Covid-19.”
EghtesadOnline: What strengthens the economy is resilience rather than self-sufficiency, as resilience is the outcome of striking a balance between inclusiveness and extroversion.
EghtesadOnline: The government intends to sell property and shares in state companies worth 1,000 trillion rials ($4.5 billion) in fiscal March 2021-22, the economy minister said.
EghtesadOnline: The Economy Ministry's Financial Intelligence Unit has invited innovators and knowledge-based companies active in anti-money laundering compliance services to help the office develop smart platforms.
EghtesadOnline: Iran’s economy grew by 0.8% during the third quarter of the current fiscal year (Sept. 22-Dec. 20, 2020), the Statistical Center of Iran’s latest report shows.
EghtesadOnline: An oil jetty in the Persian Gulf is near completion in Qeshm Island and will be launched in spring, head of economy and investment affairs at Qeshm Free Zone Organization said Monday.