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The latest news and views about the economy of Iran

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COVID-19 in Iran: Which Shops Must Close, Which Must Remain Open?

A social distancing plan to contain the spread of the deadly coronavirus has gone into effect in Iran in as of Friday, forcing business owners to close or remain open during the enforcement of the plan.

$5 Billion Set Aside for Businesses Affected by COVID-19: Iran President

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 first vice president

Coronavirus in Iran: Small Businesses to Be Compensated for Losses

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.
jahangiri

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

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

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

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

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

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.

Iran Offers Tax Exemptions for Non-Oil Exports

The Iranian businesses exporting non-oil products are exempted from paying the tax provided that the hard currency earned from the sale of goods is repatriated, Minister of Economy Farhad Dejpasand has announced.
Iran Out of Recession Now: Economy Minister

Iran Out of Recession Now: Economy Minister

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.
‘Oil-Free Economy to Increase Iran’s Export Capacities’

‘Oil-Free Economy to Increase Iran’s Export Capacities’

The CEO of Shahr-e Aftab Exhibition says Iran’s export capabilities are the result of the country’s manufacturing capabilities, and the more the Islamic Republic distances itself from oil, the more its export capabilities increase.
Foreign Investment in Iran Increased by 50%: Minister

Foreign Investment in Iran Increased by 50%: Minister

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.