Domestic Economy
July 21, 2023 19:47
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December 15,2021The Second Trilateral Working Group Meeting was attended by India, Iran and Uzbekistan on the joint use of Chabahar Port virtually on Dec. 14, 2021. The meeting was jointly chaired by Sanjeev... -
December 15,2021Exports from South Khorasan Province stood at 606,392 tons worth $512.64 million in the current fiscal year’s first eight months (March 21-Nov. 21), registering a 35% decline in weight but a 32%...
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December 15,2021A total of 6.61 quadrillion rials ($22.24 billion) worth of investments were made in industrial units with establishment permits issued by the Ministry of Industries, Mining and Trade, while 1.29...
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December 14,2021Except from a few key aspects, the fiscal 2022-23 budget bill submitted by President Ebrahim Raisi to the Iranian Parliament on Sunday is not different from the budget proposed by previous...
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December 14,2021A total of 166,000 tons of watermelons have been harvested from 4,655 hectares since the beginning of autumn to meet domestic demand in the runup to Yalda Night – the eve of the first day of the...
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December 14,2021The construction sector grew by 7% in the first half of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period, latest data released by the Statistical Center of...
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December 14,2021The share of iron products in Iran’s total non-oil exports increased noticeably, says the spokesman of the Islamic Republic of Iran Customs Administration. “With the growth in production and...
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December 13,2021The government expects to earn 5,270 trillion rials ($17.5 billion) in tax revenues in the next fiscal year (March 2022-23). The target is part of the budget bill submitted by President Ebrahim...
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December 13,2021Besides the increase in money supply, monetary base and inflation, sanctions have played a key role in the volatility of foreign exchange rates in Iran’s economy, Hadi Haqshenas, an economic expert...
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December 13,2021Only 2% of the needed mining machinery were supplied in the fiscal 2020-21, of which 1% were imported and the other 1% were produced domestically, says Sajjad Ghoroqi, vice president of Tehran’s...
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December 13,2021Wheat imports stood at 3.6 million tons worth $1.2 billion since the beginning of the current fiscal year on March 21, up until Nov. 6, registering a 60% rise in volume and 92% growth in value...
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December 13,2021The services sector grew by 4.8% in the first half of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period, new data released by the Statistical center of Iran...
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December 12,2021Iran has 22,477 greenhouses in the current fiscal year (started March 21), 20,623 of which were active, based on new data released by the Statistical Center of Iran.
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December 12,2021The Purchasing Managers’ Index for Iranian industries in the current fiscal year’s eighth month (Oct. 23-Nov. 21) settled at 57.11 from 50.83 in the preceding month (Sept. 23-Oct. 22), indicating a...
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December 13,2021President Ebrahim Raisi submitted the fiscal 2022-23 budget bill to the parliament on Sunday. In the next fiscal year (starting March 21, 2022), the operating budget (including revenues derived...
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December 12,2021Poor export infrastructure and lack of equipment are to blame for low shipping traffic at Iran’s northern ports and freight forwarding companies. The statement was made by Ali Chagharvand,...
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December 12,2021Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM) has been granted an observer status by the United Nations Commission on International Trade Law (UNCITRAL).
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December 12,2021As the news of Russia returning Iran’s bell pepper export consignments spread recently, officials from the private and public sectors commented on the issue. While some are contradictory, most...
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December 11,2021The interim free trade agreement between the Eurasian Economic Union and Iran has been extended until 2025, the official representative of the Eurasian Economic Commission, Iya Malkina, told a...
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December 11,2021With growth in Iran’s cigarette production and a noticeable decline in smuggling into the country, exports jumped by 285.8% in the first six months of the current fiscal year (March 21-Sept. 22)...
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December 11,2021The US sanctions on Iran have not affected India’s Chabahar Port project, India’s External Affairs Minister S. Jaishankar told the lower house of India's bicameral parliament on Dec. 10.
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December 11,2021Non-oil exports from Semnan Province stood at 172,647 tons worth $286.61 million in the current fiscal year’s first eight months (March 21-Nov. 21), registering a 4% and 51% year-on-year growth in...
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December 11,2021A total of 31.08 million tons of minerals and mining products worth $7.06 billion were exported from Iran in the current fiscal year’s first seven months (March 21-Oct. 22). According to the...
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December 10,2021A total of 20.32 million tons of essential goods worth $12.43 billion were imported into Iran during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 30% and 62...
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December 10,2021Two new shipments of Covid-19 vaccines, the first containing 131,000 doses of AstraZeneca made in Germany and the other 1.09 million doses of AstraZeneca made in the Netherlands, have been imported...
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