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.

No obstacle for implementation of Iran Pakistan Pipeline when sanctions are lifted

Pakistan has not fulfill its commitments towards  construction of a gas pipeline with Iran (IP) so far under the pretext ofsanctions, despite more than one year since the deadline specified in the contract. Now a high ranking Pakistani official says that there will be no problem and pressure from any third party to hinder construction of the pipeline upon lifting of sanctions.

Thailand plans to raise trade with Iran to $5bn

Thailand hopes to bring its trade transactions with Iran to $5 billion from the current $356 million as the Islamic Republic prepares to receive sanctions relief.

German firms find Iranian transportation sector appealing

German companies seek to invest in Iran especially in the field of transportation and infrastructure, says former chancellor Gerhard Schroeder.

Franco-Japanese auto giant keen on Iran expansion

The head of Renault-Nissan alliance has expressed the major car manufacturer’s readiness to expand its market in Iran upon the removal of sanctions against the country.

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.

World Bank expects Iran’s economic growth to hit 5.8% in 2016

The World Bank has forecast a major growth rate of 5.8 percent for the Iranian economy in 2016 as the country starts to benefit from the economic gains that the removal of multiple year sanctions is expected to bring about.
wto

Post-JCPOA Iran on course to winning WTO membership

A TPO official has said that Iran is moving toward becoming a member of the WTO, adding that the country has to pay a dear price for not being a WTO member.
Federal_Reserve_Board_Building (1)

How will the Federal Reserve’s decision to raise interest rates affect Iran’s economy?

The first likely impact of the decision by the Federal Reserve will be a rise in the value of the greenback.
investment

US Visa Waiver Program will push foreign investment in Iran down to zero

An Iranian economist has said that a monkey wrench has been thrown into the works of Iran’s economy in the form of a US congressional bill, adding that Iranian officials should oppose the bill which violates JCPOA.
Bank

Presence of foreign banks spurs competitiveness: MP

An Iranian MP has said that foreign bank presence in Iran would infuse liquidity into the national economy which could help production flourish, if managed properly.