Economy

All News about Iranian Economy – Looking at Iran’s economy on a macro scale, including the big decisions and policies that would shape the markets today and tomorrow.

IFP Exclusive

Prolonged Shutdown in Iran May Leave 4 Million Jobless, Spokesman Warns

IFP Editorial Staff -
The spokesman for the Iranian administration Ali Rabiei has warned that a long-term shutdown of businesses amid the outbreak of coronavirus and the government’s non-intervention in the labor market policies could result in the unemployment of more than 4 million people in the country.
IFP Exclusive

Tehran, Ankara Agree to Have Customs Working 24/7

IFP Editorial Staff -
Iran and Turkey have agreed on the 24-hour operation of their customs offices at the borders while observing the health protocols amid the outbreak of coronavirus.
IFP Exclusive

Iran Hails Russia’s Green Corridor Initiative for Coronavirus Battle

IFP Editorial Staff -
Iran's Foreign Minister Mohammad Javad Zarif has welcomed a Russian proposal for the creation of a green corridor, in contrast to the sanctions, for the fight against the coronavirus pandemic.
IFP Exclusive

What Iranian Businesses Must Do Before Resuming Their Operation

IFP Editorial Staff -
Iran’s National Headquarters to Fight Coronavirus has announced that low-risk businesses can restart their activities in coming days after registering on the website of the Ministry of Health and receiving a code.
IFP Exclusive

COVID-19 Outbreak in Iran: Over 23m Families to Receive Financial Aid

IFP Editorial Staff -
Iranian President Hassan Rouhani has stepped up the administration’s response to the coronavirus outbreak by announcing plans to give more than 23 million households emergency financial aid.
IFP Exclusive

$500m Allocated to Compensate for Losses of Iranian Transport Companies

IFP Editorial Staff -
Iran’s Minister of Roads and Civil Development says the government has allocated about $500 million to compensate for the losses the transportation companies that suffered damages from the Coronavirus outbreak.
IFP Exclusive

Iranian MPs-Elect Vow to Work Towards Boosting Domestic Production

IFP Editorial Staff -
Representatives elected to the 11th Iranian Parliament have affirmed their commitment to laying the groundwork for boosting domestic production.
IFP Exclusive

Over 100 Shipments of Goods Needed to Counter COVID-19 Cleared at Tehran Airport

IFP Editorial Staff -
Some 110 consignments dispatched to help fight the coronavirus outbreak in Iran have been cleared at the Customs Office of the Imam Khomeini International Airport.
IFP Exclusive

Iran President Issues New Orders on Backing Businesses Hit by COVID-19

IFP Editorial Staff -
The Iranian president has issued fresh orders with regards to the campaign against the coronavirus as well as the necessity of propping up businesses affected by the COVID-19.
IFP Exclusive

Iran Details Plans to Prop Up Businesses Hit by COVID-19

IFP Editorial Staff -
The government of Hassan Rouhani has announced details of its plans to counter the coronavirus and support businesses affected by the epidemic.
IFP Exclusive

Gov’t Resolved to Assist Needy People Hurt by COVID-19: Iran VP

IFP Editorial Staff -
The Iranian first vice-president has called on fellow countrymen to reach out to, and introduce those in need, including those whose livelihoods have been affected by the COVID-19 outbreak.
IFP Exclusive

INSTEX; A European Effort to Save JCPOA or Another Anti-Iran Plot?

IFP Editorial Staff -
Europe seems to be using INSTEX  as a tool to prevent the total collapse of the Iran nuclear deal and to maintain its independence against the US, but is that the whole story?
IFP Exclusive

Coronavirus Epidemic Imperils Iranian Newspapers

IFP Editorial Staff -
A temporary halt in the printing of Iranian newspapers due to Nowruz holidays may get much longer due to the closure of printing houses in the wake of outbreak of coronavirus.
IFP Exclusive

Coronavirus in Iran: Small Businesses to Be Compensated for Losses

IFP Editorial Staff -
Iran’s first vice president says owners of small businesses who have been affected by the coronavirus outbreak should rest assured that their losses will be compensated.
IFP Exclusive

Iran’s Leader Names Persian New Year as Year of “Jump in Production”

IFP Editorial Staff -
Iran’s Islamic Revolution Leader has named the Persian New Year 1398 as the year of “A Jump in Production.”
IFP Exclusive

Iran to Make up for Impact of Coronavirus on People’s Lives: VP

IFP Editorial Staff -
Iran’s First Vice President Es’haq Jahangiri says the government has made decisions to compensate for the economic impacts of the coronavirus outbreak on the lives of the poor.
IFP Exclusive

Iran Dismisses Concerns about Shortage of Medical Supplies, Foodstuff

IFP Editorial Staff -
Iranian President Hassan Rouhani has assured people that all needs for medical and health products and foodstuff would be fully satisfied by the administration amid the outbreak of coronavirus, saying the cabinet has made major decisions to support the businesses and individuals affected by the disease.
IFP Exclusive

Iran Gov’t Vows People’s Essential Needs Produced, Supplied with No Delay

IFP Editorial Staff -
Iran’s deputy industry minister says the production, supply, and distribution of the people's urgent needs, especially those related to the COVID-19 disease will not be interrupted with the beginning of efforts to clear the streets.
IFP Exclusive

Iran’s VP Orders Aid to Female Breadwinners Affected by Coronavirus

IFP Editorial Staff -
Iranian First Vice President Eshaq Jahangiri has issued an order to provide special support for the female-householder families and mitigate the harmful effects of the novel coronavirus outbreak on them.
IFP Exclusive

50 Firms Keen to Join Swiss Channel for Trade with Iran: Bern

IFP Editorial Staff -
A Swiss senior official has said that the financial channel between Switzerland and Iran has had a flying start as 50 companies have expressed keenness to trade through the so-called humanitarian channel.
IFP Exclusive

Iran Discusses Trade with Turkey, Azerbaijan amid Corona Outbreak

IFP Editorial Staff -
Iran has conferred with the Azerbaijan Republic and Turkey on ways of promoting mutual trade cooperation amid the coronavirus outbreak.
IFP Exclusive

Iran Says Europe’s INSTEX of No Use to Date

IFP Editorial Staff -
Iran’s Ambassador to Russia Kazem Jalali says Europe's special financial mechanism, which was supposed to facilitate trade with Iran in the face of US sanctions, have been of no use since its launch.
IFP Exclusive

Iran Holds Meeting to Address Foreign Trade Woes Caused by COVID-19

IFP Editorial Staff -
The Ministry of Foreign Affairs of the Islamic Republic of Iran has held a meeting in Tehran to examine and resolve the problems in the course of trade exchange with the neighboring states.
IFP Exclusive

Iranian Military Forces Join Hands to Contain COVID-19

IFP Editorial Staff -
While a novel coronavirus originating from China is taking toll on people around the world, the Iranian military forces have rushed to help the administration tackle the coronavirus epidemic in the country.
IFP Exclusive

Iran Saves $7b Through Reliance on Domestic Firms

IFP Editorial Staff -
Chief of IRGC’s Khatam al-Anbiya Construction Headquarter Saeed Mohammad says in cooperation with domestic companies in recent years, Khatam al-Anbiya Construction Headquarter has saved $ 7 billion for the country.
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