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The latest news and views about the economy of Iran

Saeed Laylaz

Economic Analyst Explains Why Iran Didn’t Turn into a Second Venezuela

An Iranian analyst has explained why Iran’s economy found its way to growth during the past years while the Venezuelan economy ended in meltdown in spite of having better economic conditions.
Rouhani

Increasing Dollar Rates in Iran Provoke Criticism

The runaway dollar has sparked serious concerns in Iran over what many believe could eventually prove costly for a country which has been planning for months to reap the benefits of the removal of the sanctions.

JCPOA Is Like a Melting Snowball: IRGC General

A former commander of the Islamic Revolution Guards Corps (IRGC) says the nuclear deal between Tehran and world powers is like a snowball that is gradually melting.
Credit Carts

Iranians Will Be Able to Use Their Debit Cards in Other Countries

An Iranian official says the country’s debit cards will be connected to global banks in the coming months.
JCPOA - Iran Nuclear Deal

People Say JCPOA Had No Positive Effect on Iran’s Economy

Three quarters of Iranians believe that Iran’s economy didn’t improve after the nuclear deal between Tehran and world powers.
Rouhani - Budget

13% Growth in Budget Bill Rouhani Submitted to Parliament

Iran’s President Hassan Rouhani presented the draft budget for the next Iranian year (which will begin on March 21, 2017) to the Parliament on Sunday.
FATF

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.
Valiollah Seif

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.
Iran-Rials---Money

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.

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