Tag: Iran Economy

FATF Has Nothing to Do with JCPOA: Spokesman

Iranian Foreign Ministry Spokesman Bahram Qassemi announced that the country’s alleged deal with Financial Action Task Force (FATF) has nothing to do with the nuclear deal between Tehran and world powers.

Iran Seeking Major Financial Reforms: CBI Chief

Central Bank of Iran (CBI) Chief Valiollah Seif announced plans for a comprehensive reform of the country’s financial sector, including changes in laws and regulations of the banking sector and the Central Bank.

Transfer of Technology Knowhow, a Prerequisite to New Contracts: First VP

Iranian Vice-President Eshaq Jahangiri underlined the significance of transfer of technology knowhow in foreign contracts, and described it as a necessity within the frameworks of Resistance Economy.

Government Permits Private Sector to Issue Participation Bonds

President Hassan Rouhani said that issuing participation bonds by large private companies is a realizable goal, and promised to expedite the required arrangements.

Inflation Rate in Iran Down to Less than 10%

Spokesman for the Iranian Administration Mohammad Baqer Nobakht announced on Tuesday, June 21, that the country’s annual inflation rate has fallen below 10% for the first time in several years.

Official: US hindering Iran’s recovery

A senior nuclear negotiator says Iran’s return to normal business will take time after the lifting of sanctions but US hindrances are making it difficult.

Iran’s trade surplus positive for 1st time in 37 years

The latest official figures show that Iran’s trade surplus for a period of 12 months starting 21 March 2015 turned positive for the first time in almost 37 years.

Tehran bourse roars to 2-year high

Tehran’s benchmark TEPIX index rises above the 80,000-point mark for the first time in two years, driven by continued optimism about prospects of an economic growth following the lifting of sanctions.

President praises nation’s resistance, patience during nuclear talks

President Hassan Rouhani on Tuesday praised nation's resistance and patience during nuclear negotiations between Iran and P5+1.

Rouhani foresees ‘economic boom’ next year

President Hassan Rouhani foresees an 'economic boom' in the post-sanctions era, which, he predicted, would begin in days to come.

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