Domestic Economy
July 21, 2023 19:47
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June 14,2023Iranian President Ebrahim Raisi’s visit to Latin America, besides political issues, can open new paths for Iran economically. Although Iran has commercial exchanges with several Latin American... -
June 14,2023Usually, everyone likes to sell what they have at a higher price to other people and buy what others have at a lower price. When someone’s only asset is their labor force and they can only earn...
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June 14,2023The approval of the outlines of a double-urgency bill called “controlling and streamlining the rent of residential units” in July 2022 with a slim majority of 50.9% indicates that officials, both...
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June 13,2023The Indian government is sending another consignment of 20,000 tons of wheat to Afghanistan amid a humanitarian crisis in the county.
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June 13,2023The capital market started its growing trend by the end of 1401 [March 2022-23] wherein the benchmark index reached 2 million units last experienced in 1399 [March 2020-21]; the subsequent fall of...
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June 13,2023The Iranian National Tax Administration earned 886 trillion rials ($1.8 billion at the current exchange rate) in the first two months of the current fiscal year (started March 21), which indicate a...
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June 13,2023Pistachio production and exports were halved in the last Iranian year (March 2022-23) due to a wide range of reasons, including drought and extreme weather, according to Arsalan Qasemi, the head of...
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June 13,2023A total of 400,000 tons of goods worth $250 million were exported from Khorasan Razavi Province’s customs terminals during the first two months of the current Iranian year (March 21-May 21),...
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June 13,2023Mehrad Ebad, a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture, has underlined the need for revising trade policies to stabilize the economy, and considers constant changes in...
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June 13,2023“Education”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 34.5% in the second month of the current Iranian year (April...
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June 12,2023“Food and beverages”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 75.7% in the second month of the current Iranian...
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June 12,2023New data on Purchasing Managers' Index for local industries shows the benchmark stands at a new high in the current Iranian year’s second month (April 21-May 21). PMI settled at 66.96 from the...
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June 11,2023On May 17, Iran and Russia officially signed an agreement for the construction of the Rasht-Astara railroad (Kremlin.ru, May 17). This railroad project holds immense significance, as it addresses...
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June 11,2023Iran traded 13.14 million tons of goods worth $7.46 billion, excluding crude oil exports, with its 15 neighboring countries sharing land or sea borders during the first two months of the current...
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June 11,2023One of the old, chronic challenges of the central bank is the special structure of the foreign exchange market in Iran. The forex market in most economic systems, in its conventional state,...
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June 11,2023“Transportation”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 41.7% in the second month of the current Iranian year...
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June 11,2023The Statistical Center of Iran has put labor force participation rate, the proportion of the population of ages 15 and above that is economically active – either employed or looking for a job — at...
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June 11,2023Iran imported $17.5 million worth of goods from the US during the first four months of 2023, up 30.59% compared with $13.4 million in the same period of 2022, the latest data released by the US...
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June 10,2023“Health and Medical Treatment”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 47.4% in the second month of the...
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June 10,2023The key point regarding budget deficit is the discussion on the difference between resources and expenditures. In economics, resources are taxes. Now, if we consider oil as one of the resources,...
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June 10,2023Iran-Russia relations have entered a new era of mutual cooperation. Thanks to the war in Ukraine, Moscow and Tehran’s interests — whether military, economic or geopolitical — have aligned to an...
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June 10,2023The discussion of government intervention in the economy and the limits of this intervention is a point of dispute among different economic schools and it falls into the category of political...
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June 10,2023According to a new report released by the research arm of the Iranian Parliament, average home prices in Tehran increased by more than 950% during the past five years. Moreover, 45% of urban...
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June 09,2023Every once in a while, talks about a motion or a bill to increase the Central Bank of Iran’s authority circulate in the media. This means that the ruling establishment is aware of the need for a...
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June 09,2023The Purchasing Managers' Index for Iran’s economy emerged from the Norouz (Iranian New Year) contraction in the second month of the fiscal year (April 21-May 21), new data released by the...
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