Economy

Official statistics released in Greece show that people are crunching a set of new numbers in the wake of the country’s debt crisis.

A single forex rate system will be possible only after financial markets witness relative calm, said Tayyebnia.

Today, the pressure of imports is crippling the country, and there are very peculiar figures for the inflow of contraband to the country, said the Leader.

Eshagh Jahangiri described resistance-based economy as one which remains unfazed in the face of local and foreign shocks.

Dr. Ali Tayyebnia said the present juncture offers the best opportunity to reform the economy and cut dependence on oil.

Economic independence is not tantamount to slamming the doors shut to the world, said Iran’s Parliament Speaker Ali Larijani.

WTO Secretary-General Taleb D. Rifai has underlined that the World Tourism Organization is planning to help with promotion of tourism industry in Iran.

Tehran-Cairo disputes have never been deep-rooted; both nations have a common stand on various regional and international matters, said Khazaei.

The International Monetary Fund has said in its latest report that Iran is the second biggest economy in the Middle East, North Africa, and Central Asia.

President Rouhani has said that Iran should invest more in new technologies and related areas to increase its non-oil revenues.

Importers of Iranian products prefer to buy goods in bulk and have them packed to sell them to other countries to make huge profits leaving Iranian producers no share of the profits.

Iran’s economy should be competitive to progress and in doing so private sectors of the two countries should feel balanced benefits.

December oil imports into Asia rose 22.1 percent over last year to 1.21 million barrels per day, the highest since May.

The share of National Development Fund of Iran from oil revenues has decreased to 20 percent from a previous 26 percent.

Farhad Nili, the director of the Monetary and Banking Research Institute, has said that an economy without oil can be envisioned for Iran.

The Chairman of the Expediency Council has said in a message to an International Brand Strategy Conference that Iran’s dignity is closely interwoven with the quality products it makes at home or sends abroad.

Mohsen Renani, a university professor, says he does not buy arguments that Saudi Arabia has refused to reduce its output only to undermine Russia, Syria and Iran.

Iran is keen to boost ties with China and views its relations with Beijing as strategic, said Ali Akbar Velayati.

Economy Minister Ali Tayyebnia has said that government is trying to turn the threat posed by falling oil prices into an opportunity for the country.

Underscoring Iran’s determination to expand ties with Kazakhstan, the head of the Trade Development Organization voiced Tehran readiness to clear any hurdle.

The secretary of the Expediency Council says that Iran and China can make joint investment in Iraq if China fully cooperates with Iran.

We did not expect to see the Iranian people and companies in such welfare and comfort: rather we thought that the sanctions have paralyzed the life and economy of Iran, said Silvano Pascuno.

The government is going to spend more economically if its anticipated oil revenues for next year’s budget bill are not materialized.

Seyyed Abbas Araghchi, a deputy Iranian foreign minister, talks about Tehran-Tokyo ties in the wake of the Geneva interim deal.

The IMF has projected a 2.2% real GDP growth for the Islamic Republic of Iran in 2015.