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June 14,2023
The process of modernizing the Meghri border checkpoint on the Armenian-Iranian border will continue until 2026, the State Revenue Committee of Armenia has said, according to Sputnik Armenia.
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June 14,2023
Iranian 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...
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June 14,2023
Usually, 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 13,2023
Mehrad 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 13,2023
The 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 13,2023
The 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 13,2023
The 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 13,2023
Pistachio 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 13,2023
A 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 12,2023
New 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 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 11,2023
The 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 11,2023
Iran 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 11,2023
On 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 11,2023
Iran 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 11,2023
One 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 10,2023
According 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 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 10,2023
The 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 10,2023
Iran-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 10,2023
The 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 09,2023
The unemployment rate for Iranians between 18 and 35 years stood at 16.3% in the fiscal 2022-23, registering a 0.2% decline compared with the year before, the Statistical Center of Iran reported.
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June 09,2023
The entry into force of a free trade agreement between the Eurasian Economic Union and Iran will become a strong impulse for the development of strategic relations, Armenian Prime Minister Nikol...