Iran Economic News Headlines - April 07

Iran Economic News Headlines - April 07Iran Economic News Headlines - April 07

1. Minister of Roads and Urban Development Mohammad Eslami: Flood-stricken Iranians need more than 55,000 homes. (Hibna)
2. Deputy Roads Minister Kheirollah Khademi: Flooding in Iran has caused 10,000 billion rials [$74 million] in damages to roads and the International North–South Transport Corridor’s infrastructures. (Fars News Agency)
3. Governor of the Central Bank of Iran Abdolnasser Hemmati: Resources envisioned in the current [Iranian] year’s [March 2019-20] budget are not sufficient to compensate losses in flood-hit areas. (Fars News Agency)
4.  Deputy Agriculture Minister Yazdan Seif: Farmers will be compensated for losses suffered from flooding. (Mehr News Agency)
5. Mohammad Saeidikia, the head of the Islamic Revolution Mostazafan Foundation: Mostazafan Foundation will supply cement for the reconstruction of homes damaged in all flood-hit provinces free of charge. (ILNA)
6. Minister of Economic Affairs and Finance Farhad Dejpasand: Fostering relations with China holds particular significance for Iran. (Mehr News Agency)
7. Mehdi Mir-Ashrafi, the head of Islamic Republic of Iran Customs Administration: Iran’s accession to the Eurasian Customs Union will promote production and trade. (IRNA)
8. Deputy Industries Minister Khodadad Gharibpour: The Iranian Mines and Mining Industries Development and Renovation Organization launched mining projects worth over $2.17 billion last [Iranian] year [March 2018-19]. (IRNA)
9. Director General of the Textile and Apparel Affairs Bureau with the Ministry of Industries, Mining and Trade Afsaneh Mehrabi: The drive against contraband apparel, which started four months ago, has sparked higher demand for domestically-made clothes. (IRNA)
10. Iranian Ambassador in Islamabad Mehdi Honardoost: Iran's gas exports will play a vital role in resurrecting Pakistan's economy by ensuring energy security and ending power outages in the South Asian country. (Fars News Agency)
11. Iraqi Parliament Speaker Mohammed al-Halbusi: Iraq needs the continued import of electricity from Iran for the next three years. (Fars News Agency)
12. Mostafa Qoli-Khosravi, the head of Tehran Association of Realtors: Home prices in Iran won’t get any cheaper in the future. (ISNA)
13. Managing Director of Iran International Exhibitions Company Bahman Hosseinzadeh: Iranian exhibitors are slated to take part in 17 international exhibitions across Asia, Europe and Africa in the new Iranian year [started March 21]. (IRNA)
14. Hamid Pourmohammadi, the deputy head of Plan and Budget Organization: With the production of 974 wagons and locomotives in the new [Iranian] year, as many as 4,841 new jobs will be created. (Mehr News Agency)
15. Khorasan Razavi Governor General Alireza Razm-Hosseini: Strained economic relations of the past couple of years between Iran and Turkmenistan are on the growth path. (IRNA)


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