EghtesadOnline: The government has allocated 2 trillion rials ($8.5 million) for the completion of Qazvin-Zanjan double-tracking rail project, the head of Plan and Budget Organization said.
EghtesadOnline: The government sold 44 trillion rials ($191 million) in bonds at the weekly auction on Tuesday. So far it has generated 464 trillion rials ($2 billion) in nine auctions that have been set up to help plug budget deficits.
EghtesadOnline: The government has unveiled its coronavirus aid package for home renters.
EghtesadOnline: Islamic bonds worth 61.7 trillion rials ($287 million) were sold during the weekly bond auction on Tuesday. The auctions are in line with the government’s efforts to access funds for fixing its budget deficit.
EghtesadOnline: The Central Bank of Iran said the initiative to hold bond auctions has been positive so far in that it is helping the government fund its deficit spending without the need to expand the monetary base by overborrowing from the CBI.
EghtesadOnline; The government sold Murabaha bonds worth 79 trillion rials ($343 million) in the weekly bond auction Tuesday, marking the highest bond sale since the auctions commenced in May.
EghtesadOnline: The government raised 49.9 trillion rials ($232 million) by selling Islamic bonds in the debt market on Tuesday.
EghtesadOnline: The new Iranian Parliament seemingly has no interest in working on government bills for controlling air pollution, an environmental expert says.
EghtesadOnline: A housing expert believes the government’s intervention in the lease market would cause confusion, as it can increase the share of unregistered, unofficial deals and price rises in the long term.
EghtesadOnline: Sixty percent of jobs in Iran lack health and retirement benefits, which are also not entitled to government support offered to businesses during the coronavirus crisis.