Iran's Q4 Business Environment Improves

Iran’s business environment improved in the fourth quarter of the last fiscal year (Dec. 21, 2020-March 20), Iran Chamber of Commerce, Industries, Mines and Agriculture reported.    
Iran’s National Business Environment Index stood at 5.80 in Q4 of last fiscal year to register a 0.13 percentage point or 2.19% decline compared with the preceding quarter and a 0.25 percentage point or 4.13% decrease compared with the corresponding quarter of the year before, the chamber said in a report published on its website.
The index calculated by ICCIMA measures business friendliness of Iran’s economy, with 10 indicating the worst grade. In other words, the decline in the index is indicative of an improving business environment.