EghtesadOnline: Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture says lopping off zeros from the national currency will not produce the desired results unless the initiative is intertwined with structural reforms.
EghtesadOnline: If there has been an acute need for structural reforms and fiscal probity in Iran it is now. Much has been said and written about the role, compulsion and significance of transparency and openness in functioning economies.
EghtesadOnline: The government-proposed budget bill for the next fiscal year (March 2019-20) has been sent back to the Plan and Budget Organization to undergo structural reforms on the orders of Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei.
EghtesadOnline: The second and final day of the Conference on Monetary and Foreign Exchange Policies came to a close in Tehran on Wednesday after focusing on structural reforms, mostly in the banking system, with the aim of achieving fiscal stability.
EghtesadOnline: Many advanced countries need structural reforms to make their economies more productive and raise long-term living standards. Our new research shows that provided countries can afford it, fiscal policy, through spending or tax incentives, can help governments overcome some obstacles to the reforms, particularly in the early stages, the International Monetary Fund reported.
EghtesadOnline: Structural reforms are important to bolster economic growth and share the benefits broadly, Christine Lagarde, managing director of the International Monetary Fund, said on Sunday after a meeting of G20 ministers, Reuters reported.
EghtesadOnline: Measures adopted by the government of President Hassan Rouhani to fight corruption and bring about structural reforms are unprecedented in the Islamic Republic of Iran’s history, a prominent Iranian economist said.