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  • EghtesadOnline: Caretaker of the Industries Ministry says the government will soon put an end to the practice of companies’ renting commercial cards for export.

  • EghtesadOnline: About 1,000 estates owned by the government are on the divestiture list by the time the current fiscal is out next March, an official with the Economy Ministry said.

  • EghtesadOnline: Head of Tehran’s coronavirus taskforce called for the government’s “serious intervention” to assist the key province in confronting a third wave of Covid-19 infections.

  • EghtesadOnline: Tax revenues to government public budget resources increased from 35.1% in the year ending March 2019 to 37.5% in the year ending March 2020, as tax revenues to current expenditure ratio also improved from 2.45% to 8.47% during the fiscal 2019-20.

  • EghtesadOnline: Government policy to sell stakes in state-run companies will continue to generate revenue for the next fiscal budget (March 2021-22), head of the Plan and Budget Organization said.

  • EghtesadOnline: Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture again faulted stringent CBI rules that govern the repatriation of export earnings.

  • EghtesadOnline: Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture again faulted stringent CBI rules that govern the repatriation of export earnings.

  • EghtesadOnline: Atotal of 65,000 applicants have opened accounts with designated banks of the government-sponsored “National Housing Initiative” so far and 38,000 of them have made the initial payment of between 300-400 million rials [$1,165-1,554], says an official with Bank Maskan, the state agent bank of the housing sector.

  • EghtesadOnline: The government sold 54 trillion rials ($225 million) in Islamic bonds during the weekly bond auction held by the Central Bank of Iran.

  • EghtesadOnline: Banks owned by the government sold 280 trillion rials ($1.2 billion) in assets since January 2018, the Ministry of Economy said in a report.

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