The government is seemingly failing to keep its finances in order and is spending far more than it can make.
Central Bank of Iran data show a widening deficit, surge in state debt and money…
The government is seemingly failing to keep its finances in order and is spending far more than it can make.
Central Bank of Iran data show a widening deficit, surge in state debt and money…
Investors have fled to bond markets and other safe haven assets, as poor economic prospects lowered appetite for stocks. The exodus also happened among mutual funds, where nearly 99% of their 948.…
Bears continued their reign over equity markets in Tehran, driving all major stock indices lower for the week. All major industries faced losses for the week while liquidity dried up even more…
The government started the three-day offering of Salaf contracts for wheat for the first time Wednesday on Iran Mercantile Exchange to finance its wheat purchase from farmers this year.
…
The Cabinet has suspended discounts on import tariffs for 69 goods. Fifty-one items on the list were suggested by the Ministry of Industries, Mines and Trade, while the remaining 18 were specified…
Equities sank on Sunday in both of Tehran's exchange markets as the bearish mood among traders persisted.
First quarter growth figures, released this week, have stirred fresh debate among economists and politicians. The business community was apparently not impressed by the data and stock markets…
Markets were unmoved by promising first quarter data on Monday as concerns over the future persisted. Poor company fundamentals meant few investors were elated at a sudden acceleration of economic…
Higher tax revenues have always been a dream for the government. Though it is not smoothing shared by all in high places. Easy oil money meant that tax revenues were never really needed. So,…
Government policy in Iran has a habit of creating Gordian knots for the private sector. One such area is Iran’s foreign exchange regime and its effects on taxation of exporters.
Throughout…
The first quarter of the current Iranian year (started March 20) was tough for investors. Political fears, poor corporate earnings and a slowing global economy gave equity investors a beating.
The Economy Ministry will issue $288 million worth of denominated Islamic Treasury Bills soon to repay part of its debt to government contractors.
This is the sixth batch of such bonds the…
Stocks sped up their descent in their third week of back-to-back losses in Tehran this week.
Both Tehran Stock Exchange and Iran Fara Bourse dropped, as fears about economic recovery were…
Equities have routed since the turn of the Iranian year in March.
Shares on Tehran Stock Exchange dipped over 7% ever since, while those on Iran Fara Bourse lost nearly 4% during the same…
Technological advancement has painted a future where machines do all our work for a long time, making jobs extinct or scarce, especially those performed by the unskilled.
The tenure of former president Mahmoud Ahmadinejad is gaining notoriety as one of Iran’s worst periods in history.
Squandering of public funds on populist policies, systemic corruption,…
The current crew at the helm of the Central Bank of Iran inherited runaway inflation, a multiple foreign exchange regime and a solvency crisis in the banking system.
Three years on,…
When it comes to helping industries, governments resort to various methods to boost output in sectors they deem important.
The Iranian government is no exception. It has for long used…
The problem with ignorantly pursuing wrong policies is that sooner or later you have to enact new ones to cancel out their side effects.
Fast forward a little and you get entangled in a web…
Iranian stocks remained in slumber while the dollar sank to a six-week low against the rial due to rising oil prices during the past week. This is while Azadi gold coin got knocked off its highest…
More foreign investors are vying for Iranian securities that are considered a high yield, high risk investment option, since the removal of sanctions.
The Central Securities…
In the modern world, the strength of an economy heavily relies on its securities exchanges and what they offer to investors.
The easy routes to financing they provide companies with are the…
The Iranian capital market is expected to play a more central role in financing in the current Iranian year (started March 20), notably for the government to settle its debts and fund the…
The Iranian Parliament passed the government's budget for the new fiscal year (started 20 March 2016), last week.
The budget, already a stretch from the prior year, was further increased by…
A parliamentary addition to this year’s budget to cut 24 million receivers of cash handouts out of the government’s subsidy program has created a row between the parliament and the government.
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