Domestic Economy

Eighty-six industrial plants increased their production by more than 100% during the 10 months to Jan. 19 compared with the corresponding period of last year, says Deputy Industries Minister…

The government has allocated 42,700 billion rials ($167 million) to New Towns Development Company as per the budget bill for the next fiscal year (March 2021-22), a board member of the company…

Iran and Thailand traded $430 million worth of commodities during the first nine months of the current Iranian year (March 20-Dec. 20, 2020), $295 million of which pertained to Iran’s exports to…

A total of 3,917 homes were sold in Tehran during the 11th month of the current fiscal year (Jan. 20-Feb. 18), registering an 11.4% increase compared with the preceding month but a 70.5% decline…

On Sunday, Iranian lawmakers approved the revenues section in the next fiscal year’s budget bill with 198 votes in favor, two votes against while four MPs abstained from voting.

The Statistics Center of the Ministry of Cooperatives, Labor and Social Welfare has reviewed housing expenses of Iranian urban and rural households in the last fiscal year (March 2019-20) in a…

The average goods and services Consumer Price Index of “food and beverages” group in the 12-month period ending Feb. 18, which marks the end of the 11th month of the current Iranian year,…

Due to the spread of the new strain of the coronavirus in Iraq, passengers are banned from using five border crossings to the neighboring country over the past few days, the spokesperson of the…

Trade between Iran and Pakistan stood at $1 billion during the first 10 months of the current Iranian tear (March 20, 2020-Jan. 19), the head of the Trade Promotion organization of Iran said.

Investments of state-owned Iranian Mines and Mining Industries Development and Renovation Organization and its subsidiaries in mining projects will reach $2.2 billion in the current Iranian year…

The employment rate in the third quarter of the current fiscal year (Sept. 22-Dec. 20, 2020) was 37.5% (23.41 million), down 2.1% compared with the same quarter of last Iranian year. …

There were 1.3 million livestock farms with at least one head of lightweight livestock or two heads of heavy livestock in Iran during the year ending Nov. 20, 2020, the Statistical Center of…

There is a great need for new commercial airplanes in Iran, as Iranian airline safety is a critical issue.   According to Jet Information Services, the following table lists…

A freeway with a speed limit of 130 km/h, connecting Abyek in Qazvin Province to Charmshahr along Qom-Garmsar Highway, was inaugurated on Feb. 25.  

Members of the Iranian Parliament have voted for levying taxes on homes priced above a ceiling in the upcoming fiscal year (starting March 21). The set rates are as follows: - Homes valued at…

The Statistical Center of Iran has published a new report based on the International Classification of Activities for Time Use Statistics (ICATUS 2016), illustrating a classification of all…

As per the budget for the fiscal 2021-22, the income of artists and publishers will be taxed when it exceeds 2 billion rials ($8,000) annually. 

Members of the parliament have determined the tax rate for the retail sales of cigarettes. 

A total of 44,300 tons of porcelain dishes were produced in Iran during the first 10 months of the current Iranian year (March 20, 2020-Jan. 19), registering a 10.6% decline compared with the…

The import of tropical fruits to Iran cost as much as $500 million annually, Mohammad-Mehdi Boroumandi, an official with Agriculture Ministry, said. 

Revenues from air passenger traffic and aircraft flying over Iran’s airspace have decreased by 80% since the coronavirus outbreak, says Siavash Amirmokri, managing director of Iran Airports…

The ban on the export of soap and other cleansers have been lifted until further notice, following a recent directive issued by the Ministry of Industries, Mining and Trade to the Islamic…

Policymakers and experts discussed a wide range of issues about Iran's steel market and its future during the inaugural ceremony of the 11th Iranian Steel and Iron Ore Market Conference and Expo…

The Statistical Center of Iran has published a report based on the International Classification of Activities for Time Use Statistics (ICATUS 2016), illustrating a classification of all the…

Venues providing wedding receptions and funeral wakes will be hosting guests at one-fourth of their capacity during the Norouz (Iranian New Year) holidays (from March 21 to April 2), Khosro…