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  • EghtesadOnline: The tax-to-GDP ratio stood at 4.2% in the first quarter of the current fiscal year (March 21-June 21), indicating a 2.4% decline compared with the corresponding quarter of last year, Tehran Chamber of Commerce, Industries, Mines and Agriculture reported, citing the Treasury.

  • 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.

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