Budget is the government’s one-year financial plan. It is a document showing the costs of achieving a number of goals. 

Does inflation cause social damage? No doubt. Are the social ramifications of inflation related to the cause of inflation? Not much. Is inflation control the responsibility of governments? Sure…

Lists of the developing and least-developed states that are beneficiaries of the Eurasian Economic Union’s Generalized System of Preferences (GSP) finalized by the Eurasian Economic Council on…

French Foreign Minister Jean-Yves Le Drian on Sunday said there was a risk of "long-lasting apartheid" in Israel if the Palestinians were denied their own state.

Le Drian is one of the…

Iranian airports' domestic passenger traffic in the last fiscal year (ended March 2021) declined by 38% year-on-year, as 25.05 million passengers were transported by planes during the period,…

Turkish Airlines will resume its Shiraz-Istanbul flights on March 10, according to the general manager of Fars Province’s Airports, Gholamreza Karim-Aqaei.

Chevron Corporation reported on Friday a net loss of $8.3 billion for the second quarter on the back of impairment charges due to lower commodity price outlook and write-off its Venezuela…

OPEC+ production cuts have brought oil prices back from the brink, but the group will have to tread carefully to avoid triggering a new price collapse when it begins to reverse those reductions…

An estimated 1.5 billion cubic meters of water is consumed in Tehran Province annually, of which 25% or 30 million cubic meters/year is used by households that illegally tap into the water mains…

President Hassan Rouhani noted that due to its concerns over the Iranian nation’s capabilities, the United States is conducting a “maximum pressure” campaign, but such efforts will be futile.…

Due to the systemic decline in precipitation over the past several years, hydropower plants did not generate as much power as needed and that led to problems in power supply in some regions in…

Amendments to the CFT (Combating Financing of Terrorism) Law of the Islamic Republic of Iran were finally approved by the Guardians Council on Aug. 1 and have been notified by the president to…

President Hassan Rouhani on Tuesday proposed his nominees for ministerial posts to parliament for a vote of confidence.

Vice President for Parliamentary Affairs Hosseinali Amiri…

Last winter authorities in Tehran in an unexpected move put an end to gray imports of vehicles depriving the sector of almost half the resources and channels used for auto imports.

Gray…

The world took a big step toward reaching its climate change goals on Saturday when 197 countries agreed a deal in Kigali, Rwanda, to reduce the use of hydrofluorocarbon (HFC) gases, used in…

One of the accomplishments of President Hassan Rouhani is now in grave danger. Galloping inflation, which reportedly dropped to single figures in June after a quarter century now appears to prove…

All major international automakers have rushed to take the lion’s share of Iran’s auto market and Renault was no exception, after the western sanctions against Iran were lifted.

Throughout…

Import tariff regulations will be further simplified in the next Iranian year (starting March 20), as the government seeks to spur international commerce and do away with bureaucratic traps, the…

The government will stop paying cash subsidies to 15 million "rich" people as of the next Iranian year (to start March 20, 2016), unlocking 81 trillion rials ($2.2 billion at market exchange rate…

The Iranian government has officially placed an order with Toulouse-based aircraft manufacturer Airbus for 118 airplanes. By any standard this is a large order estimated at $27 billion.

Is the recently passed act in the United States which imposes restrictions on individuals who have travelled to Iran in past five years contrary to the commitments of the US in the Joint…

The Federal Reserve raised interest rates for the first time in nine years on the expectation of a healthy US economy experiencing 2.2% growth. While the Fed is more than happy with unemployment…

Bond sells. Not just the renowned British secret service agent in action-packed movies, but the paper one that signifies a debt obligation of the bond issuer to the buyers.

Most of the success of IMF loans in developing countries is through increase in consumer spending, which was Keynes idea for economic growth and it has been criticized a great deal as high level…

The Central bank of Iran continues its trend to devalue the rial's official exchange rate while it seeks to strengthen its market rate. CBI's target is to return the country's exchange rate regime…