Latest Financial News in Iran – News and opinion on the banking and finance sectors domestically and abroad. It includes national-level policy-making, the Central Bank of Iran, the stock exchange, as well as private actors in the field.
The Iranian president says interest-free and low-interest loans will be offered to millions of Iranians and businesses affected by the coronavirus outbreak.
The spokesperson for Iran’s administration has reminded the US government that the international institutions are not its private properties and Washington has no right to veto the International Monetary Fund’s plans for giving Iran a loan.
Iran says neither the United States, nor any other country in the world, has the power to veto the loan requests of International Monetary Fund (IMF) member states.
The Iranian president has thanked Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei for giving his blessing to withdraw one million euros from the National Development Fund.
Iran’s President Hassan Rouhani has given an assurance that the country will have no problem supplying the foreign currency required for health facilities and basic commodities.
An Iranian official says the EU’s financial mechanism to facilitate trade with Iran known as INSTEX is not meeting the country's needs to confront the Coronavirus.
Iran’s President Hassan Rouhani says his administration has allocated about $10 billion to help people and to address the problems of troubled businesses in face of the coronavirus outbreak.
The Iranian administration has ratified a 1,000-trillion-rial economic relief package to protect the businesses and people affected by the coronavirus epidemic.
Iran’s Central Bank governor says it will strive to provide the foreign currency reserves required by the country in order to supply the required medications amid the coronavirus outbreak.
Iranian President Hassan Rouhani says some 750 trillion rials (around $5 billion) will be made available to businesses affected by the coronavirus outbreak.
Iran’s representative in the International Monetary Fund (IMF) says the World Bank has excluded the Islamic Republic from a gathering on the battle with coronavirus.
Iran’s President has sent the "National Budget Law for the New Fiscal Year" to the Plan and Budget Organisation of the Islamic Republic to be implemented.
The Islamic Republic of Iran’s administration has issued a statement about the Financial Action Task Force’s recent decision to put the country on its blacklist.
Iran President’s Chief of Staff Mahmoud Vaezi says the government has taken measures that are expected to reduce the impact of the FATF blacklisting of the Islamic Republic on the country.
An Iranian official says the import of the novel coronavirus diagnostic test kits has been hindered by the foreign sanctions and the Financial Action Task Force’s recent decision to put Iran on its blacklist.
The Financial Action Task Force (FATF) has returned Iran to its blacklist because of Iran's non-compliance with the Palermo and the CFT Conventions. The move could create new and serious difficulties for Iran's financial relations that could be added to sanctions problems.
Foreign Ministry Spokesman Seyyed Abbas Mousavi has condemned the Financial Action Task Force’s blacklisting of the Islamic Republic saying that it is a politically-motivated action taken by international institutions.
Iran Minister of Economy Farhad Dejpasand says that the country has pulled itself out of economic recession, as the economic growth without taking oil revenues into account has been positive from March to November 2019 despite the US sanctions.
Iran’s economy minister says in the first six months of the current Iranian year, the amount of foreign investment in the country has increased by 50% compared to the same period last year.
Governor of the Central Bank of Iran says the value of the pharmaceutical and medical products that have been imported over the past 10 months with the financing provided by his organization has been 2,000 times higher than the value of consignments recently delivered via a Swiss channel.
Top authorities at Iran's Expediency Council have adamantly opposed the Islamic Republic’s accession to the Palermo Convention and Combating the Financing of Terrorism (CFT) treaty, describing them as threats to the national security.
