EghtesadOnline: The Guardians Council–a watchdog body that ensures laws are in line with the Iranian Constitution and the Islamic law–has found the parliament-approved bill on establishing a Commerce Ministry to be against articles 85 and 133 of the Iranian Constitution and sent it back to Majlis for reconsideration, Abbasali Kadkhodaei, the council’s spokesman, was quoted as saying by Otaghiranonline.ir.
EghtesadOnline: Economic analysts and businesspeople have time and again called for reforming Iran’s decades-old Trade Law. However, they also strongly disapprove of legislators’ ongoing rush to pass the new reform bill.
EghtesadOnline: Lawmakers on Tuesday approved President Hassan Rouhani's nominees to take the helms of Education Ministry and the newly-established Ministry of Cultural Heritage, Handicrafts and Tourism.
EghtesadOnline: The new ministers nominated by President Hassan Rouhani to take the helm of the ministries of education and cultural heritage will defend their track record in a parliamentary session next week for a vote of confidence, according to a lawmaker.
EghtesadOnline: In its latest report, Majlis Research Center, the influential research arm of the Iranian Parliament, has singled out a set of potential deterrents to poverty reduction in Iran’s economy.
EghtesadOnline: The Majlis Economic Commission is preparing a bill In line with efforts to promote long-awaited transparency in the key banking sector.
EghtesadOnline: Parliament voted for a bill on Tuesday based on which compound interest on bank loans that matured by the end of last fiscal year (March 20, 2019) would be eliminated and debtors given until mid-February 2020 to repay their dues.
EghtesadOnline: Results of a study by the Majlis Research Center, the research arm of the parliament, indicate a decline in the security climate for investment and business last autumn (Sept-Dec 2018) compared to the summer of that year.
EghtesadOnline: The Majlis Research Center says a parliamentary bill wanting to scrap the US currency from Iran’s overseas transactions would further add to the already detrimental effects of US sanctions targeting Iran’s economy.
EghtesadOnline: The parliament plans to investigate the foreign exchange policy of the Central Bank of Iran during the last fiscal year that ended in March, says head of the Majlis Economic Commission.