EghtesadOnline: The government’s income forecast from selling stakes in listed companies has declined sharply in the proposed 2022-23 budget.
EghtesadOnline: The Governor of the Central Bank of Iran Ali Salehabadi says foreign currency revenue of the bank has increased in recent months and improved its leverage to curb volatility in the forex market.
EghtesadOnline: The Majlis Research Center says the March 2021-22 budget is facing “huge deficits” and needs early reconsideration to minimize its detrimental impact on the economy.
EghtesadOnline: The government on Wednesday again adjusted rules for the repatriation of non-oil export revenues that has long become a bone of contention.
EghtesadOnline: Petrochemical companies in Iran produced 30 million tons in the last fiscal that ended in March, of which 22 million tons were sold in global markets, managing director of National Petrochemical Company said.
EghtesadOnline: Iran is escalating its pressure on South Korea to release billions of dollars of oil-export revenue, arguing that Seoul is buckling to pressure from its US ally and illegally withholding funds needed to counter the Middle East’s worst coronavirus outbreak.
EghtesadOnline: The 55 petrochemical companies in Iran produced 31 million tons of products in the last fiscal (ended in March) and exports generated $9.5 billion, managing director of National Petrochemical Company said.
EghetsadOnline: The National Iranian Oil Company raised $700 million in revenues by selling oil and petroleum byproducts in the capital market in the past eight months, the managing director of the company said Tuesday.
EghtesadOnline: In need of new sources of revenue to compensate for the budget deficit emanating from steep declines in oil exports and reduce the ballooning liquidity, the idea of taxing bank deposits has come to the fore again, raising the possibility that the government may introduce the scheme in the 2020-21 fiscal budget.
EghteadOnline: Iran earns $1.2 billion from medical tourism annually.