Iranian President Massoud Pezeshkian acknowledged public dissatisfaction and said the government bears responsibility for current challenges, urging officials not to blame external actors such as the US.
Abdolnaser Hemmati has been officially appointed as the new Governor of the Central Bank of Iran following a vote by members of the cabinet during the government’s meeting on Wednesday.
Iranian President, Massoud Pezeshkian, met with representatives of trade unions, guilds, chambers of commerce, and market trustees to review the concerns and demands of market activists.
Iranian President Massoud Pezeshkian has responded to the protests that took place over the past two days in Tehran and several other cities across the country over inflation and dire economic situation, telling the Interior Minister to talk to the protestors.
Iranian President Massoud Pezeshkian has formally informed parliament of the government’s readiness to introduce key revisions to the draft budget for the Iranian year 1405 (March 2025-March 2026), following the rejection of its general outline by the parliament’s Joint Committee.
Reports from central Tehran indicate that protests triggered by a sharp rise in foreign exchange rates have fizzled out, with normal conditions returning to key commercial districts following changes in the country’s economic leadership.
On Monday some businessmen in Tehran’s Bazaar closed or partially closed their shops in protest at what they see as the dire economic conditions in Iran and the soaring currency rates.
Iranian President Massoud Pezeshkian emphasized the exceptional challenges faced by the country during this year’s budget planning in a parliamentary address.
Iran has recorded a modest increase in its year-on-year inflation rate during the calendar period ending in late December, according to the Statistical Center of Iran (SCI) .
Iran’s foreign trade reached $76.54 billion in the first eight months of the current Iranian year, according to new data released by the Islamic Republic of Iran Customs Administration (IRICA). Total trade volume during the period amounted to 131.05 million tons of goods.
Iranian President Masoud Pezeshkian has stated that Tehran’s active participation in BRICS, the Shanghai Cooperation Organization, and the Eurasian Economic Union is creating significant economic opportunities, including expanded regional markets for traders and investors.
The Central Bank of Iran (CBI) announced that all deposits and customers of Ayandeh Bank will be transferred to Bank Melli Iran starting Saturday, marking the end of Ayandeh Bank’s operations after years of financial imbalance and regulatory noncompliance.
According to the Islamic Republic of Iran Customs Administration (IRICA), the country's non-oil trade in the first four months of 2025 reached 61.02 million tons valued at $34.175 billion.
CEO of the Government Trading Corporation of Iran Seyed Saeed Rad has confirmed that no government-owned essential goods remain stranded at the country’s ports, assuring the public that Iran’s strategic reserves of basic commodities are in a strong and stable condition.
Hossein Selahvarzi, former head of Iran’s Chamber of Commerce, has issued a strong warning against a proposed bill to establish a “National Migration Organization,” claiming it would worsen Iran’s economic, social, and security challenges.
The Iranian government has officially nominated Seyed Ali Madanizadeh as the new minister of economic affairs and finance, parliament's presidium spokesperson Abbas Goudarzi announced on Sunday.
Iran's Jomhouri Eslami newspaper has sharply criticized what it describes as "self-imposed sanctions," warning that domestic mismanagement and corruption are exacerbating the country’s economic crisis more than foreign sanctions.
Iran's economy has entered uncharted territory as official data confirms the country is experiencing its longest continuous period of high inflation, with prices rising over 30% annually for seven consecutive years, Donya-ye Eghtesad economic paper reported on Saturday.
Iranian President Masoud Pezeshkian has stated that Tehran welcomes foreign investors and international traders to participate in economic activities and investment opportunities in the country.
The Iranian Financial Intelligence Unit (FIU) has officially launched two major digital platforms — SAMAM and SABA — aimed at increasing transparency, strengthening anti-money laundering (AML) and counter-terrorism financing (CTF) measures, and accelerating the analysis of suspicious financial transactions.
