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.
An outspoken Iranian daily criticizes a dramatic rise in prices and a drop in the value of the national currency, saying the economic shock shows the administration’s managers are unable to run the country’s affairs.
A senior Russian customs official says the value of Iran-Russia trade surpassed $4 billion in the first 10 months of 2022, with the amount exceeding the figures recorded throughout entire 2021.
Iranian President Ebrahim Raisi has stated that the enemy wanted to interrupt Iran’s trade with sanctions, but the country's oil and non-oil exports did not halt for a moment.
The Nigerian ambassador to Tehran says Iran is planned to construct a refinery in his country as part of economic agreements signed with western African nations.
The Iranian private sector’s House of Industry and Mine says the cost of over a month of strict internet filtering in Iran due to protests and riots is far higher than the nearly $3bn announced by the Iranian chamber of commerce.
Iranian President Ebrahim Raisi says the Islamic Republic has recorded a significant growth in exports, including non-oil sales, despite all the economic sanctions and threats against the country.
The government’s decision to impose an internet blackout amid the protests and riots that have hit different cities across Iran, has reportedly shut down some 300,000 online stores.
The deputy head of Iran's chamber of commerce says each hour of internet outage is causing a loss of $1.5 million to the economy. Hossein Salahvarzi, in the meeting of the council of negotiations between the private sector and the government, said this has also put 9 million jobs at peril in Iran.
Iranian daily Donyaye Eghtesad – a newspaper focused on the market and the economy – says the country is seeing public discontent because people’s livelihoods are under pressure.
The Iranian government’s restricting Internet access in the country has drawn extensive criticism as the measure has inflicted huge losses on numerous businesses.
Iran’s First Vice President Mohammad Mokhber says US-led sanctions cannot stand in the way of trade between Iran and Russia، highlighting the role of free trade zones in bypassing the embargoes and expanding bilateral ties.
The secretary general of Iran’s petrochemical industry guild union says new sanctions on the country will have no impact on its activities, although the bans could be part of a propaganda campaign and psychological warfare.
Iranian First Vice President Mohammad Mokhber, who is on a visit to Russia, says cooperation agreements between Iran and Russia have to be seriously implemented based on a detailed and scheduled plan.
An Iranian official says Turkmenistan has cancelled heavy tariffs for Iranian transit of goods using the country’s borders and territory as of October 1.
