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Energy Supply Cuts Plunge Economy to ‘Rare’ Slump
2023/02/05 08:41
EghtesadOnline: The PMI for Iran’s overall economy settled at 41.89 in the tenth month of the year from 49.14 registered in the previous month, indicating a 7.25-point or 14.75% decrease.
Iran Overall Economy’s PMI Plummets to 23-Month Low
2022/05/10 19:29
EghtesadOnline: The Purchasing Managers’ Index for Iran’s overall economy stood at a 23-month low in the last fiscal month (March 21-April 20).
Capital Market Role in the Economy Improves Slightly
2022/05/10 19:28
EghtesadOnline: Funding via the money and capital markets reached close to 36,860 trillion rials ($131 billion) in fiscal 2021-22.
Economist Warns Against Emergence of USSR-Like Economy
2022/05/01 21:04
EghtesadOnline: In the Iranian economy, political and ideological issues have become the prime concerns of economic decision-makers, which is a repeat of the Soviet Union experience and can take the economy into dangerous territory.
Fresh Calls for Building Export-Based Economy
2022/01/29 16:42
EghtesadOnline: Head of the Central Bank of Iran and the Minister of Industries this week underlined the need to promote non-oil exports.
Overall Economy’s PMI Falls for Third Consecutive Month
2022/01/09 17:30
EghtesadOnline: New data on Purchasing Managers’ Index for Iran’s overall economy declines for the third consecutive month.
Economy Minister Warns Banks on Interest Rates
2021/12/29 17:55
EghtesadOnline: In a meeting with CEOs of state-owned banks on Tuesday the Economy Minister Ehsan Khandouzi instructed them not to arbitrarily raise lending rates.
Key Role of Migrants in Iran’s Economy Discussed at TCCIM
2021/12/20 18:18
EghtesadOnline: Between 30% and 40% of Iran’s exports to Afghanistan are undertaken by Afghan migrants in Iran, according to the director general of the Export Expansion Department of the Trade Promotion Organization of Iran.
Expert Probes Impact of Sanctions on Iran’s Economy
2021/12/14 19:24
EghtesadOnline: Besides the increase in money supply, monetary base and inflation, sanctions have played a key role in the volatility of foreign exchange rates in Iran’s economy, Hadi Haqshenas, an economic expert, said in a write-up for Persian daily Ta’adol. A translation of the text follows:
Spotlight on Persistent Problems in Iran’s Economy
2021/11/28 17:22
EghtesadOnline: Mohsen Jalalpour, the former president of Iran Chamber of Commerce, Industries, Mines and Agriculture, has spelt out Iran’s most persistent problems in economic policymaking in a write-up for the Persian monthly journal Ayandehnegar.