Domestic Economy

Russian officials and international media have given prominent coverage to the country’s plans for a transcontinental trade corridor southward into Iran to end run Western sanctions and expand…

Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, reached 54.2 million tons worth $34.81 billion during the first eight months of the…

“Health and Medical Treatment”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered a monthly Consumer Price Index rise of 8.8% in the ninth month of…

Germany’s recent announcement that it would suspend trade promotion programs for Iran does not mean severance of commercial ties between Tehran and its longstanding trade partner in the European…

An exclusive exhibition of Iranian products is scheduled to be held from Jan. 16-18 in Karachi, Pakistan.

Undoubtedly, inflation will be the gravest challenge facing Iran’s economy in the coming months, as the government’s smallest error of judgment can lead to an exponential increase in inflation…

The Statistical Center of Iran’s latest survey of the country’s 31 provinces shows Lorestan registered the highest average annual inflation with 50.2% while Khuzestan posted the lowest with 40%…

New data released by the Iranian Steel Producers Association show steel exports from Iran have declined. A total of 4.57 million tons of semi-finished steel products were exported during the…

Recently, four Airbus 340 have entered Iran, which will soon join the country’s air fleet, the deputy head of Iran’s Civil Aviation Organization for international affairs said. The announcement…

A total of 273,000 tons of goods worth $163.87 million were exported from Golestan Province during the first nine months of the current Iranian year (March 21-Dec. 21), registering an 8% decline…

Iran's apparent steel use in the first eight months of the current Iranian year (March 21-Nov. 21) has increased significantly compared with last year's corresponding period. Apparent steel use…

The ceiling on tax revenues has increased from 4,540 trillion rials ($11.46 billion) in the current Iranian year’s (March 2021-22) budget to 6,800 trillion rials ($17.17 billion) in the next…

Turkey meat production in Iran stands at 50,000 to 55,000 tons per year, according to the head of Poultry Production Department of the Agriculture Ministry. “Per capita consumption has…

More than $70 billion have been transferred to Canada in the past 1.5 years, a media report reads. This bitter piece of news has once again shed light on the issue of capital flight while an…

Iran and the Eurasian Economic Union will sign a free trade agreement on Jan. 18, 2023, the spokesman of the Ministry of Industries, Mining and Trade announced on Sunday.

“Transportation”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation of 36.7% in the ninth month of the current Iranian…

In Iran, debates on the government’s budget are mainly seasonal; each December sees a raft of budgetary discussions on topics, including the percentage of rise in salaries of government…

Iran and Kyrgyzstan have discussed cooperation between their customs administrations at a meeting in Bishkek on Dec. 23. Prospects of commercial and economic cooperation were reviewed among…

Trade turnover between Iran and the Economic Cooperation Organization’s member states reached 14.64 million tons worth $11.2 billion during the current Iranian year’s first eight months (March…

Pakistan’s Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar said on Friday Pakistan is committed to increasing trade volume with Iran by removing bottlenecks.

Iran launched an extensive shutdown in September in response to protests that drastically limited all digital communication in the country. Its campaigns to slow connectivity and access to…

Iranian steel mills produced a total of 27.9 million tons of crude steel during from the beginning of 2022 until November, registering an 8.5% rise compared with the corresponding period of 2021…

Germany says it’s suspending business promotion programs for Iran, citing the “very serious situation” in the country, referring to recent protests in the Islamic Republic.

Iran’s economy was stuck in a period of low growth, high inflation and volatility, which hurt the economic prospects for millions of Iranians. 

Iran’s Consul General Hassan Nourian has said the trade volume between Iran and Pakistan is not satisfactory at $1.5 billion per annum, and both governments were targeting $5 billion, which can…