Friday, August 19, 2022

Iran Economy

Official: US hindering Iran’s recovery

A senior nuclear negotiator says Iran’s return to normal business will take time after the lifting of sanctions but US hindrances are making it difficult.

Iran’s trade surplus positive for 1st time in 37 years

The latest official figures show that Iran’s trade surplus for a period of 12 months starting 21 March 2015 turned positive for the first time in almost 37 years.

Tehran bourse roars to 2-year high

Tehran’s benchmark TEPIX index rises above the 80,000-point mark for the first time in two years, driven by continued optimism about prospects of an economic growth following the lifting of sanctions.

President praises nation’s resistance, patience during nuclear talks

President Hassan Rouhani on Tuesday praised nation's resistance and patience during nuclear negotiations between Iran and P5+1.

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.

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.

Iran can use the knowledge of foreign managers to get into global markets

Industry Minister Mohammad Reza Nematzadeh has said that Iran has set a target of $190b in exports for 2025.

An economist: Mr. Zarif is in the right

An Iranian economist has said that the country has to go right back to where it started from during Ahmadinejad's presidency and make up for what it lost if it seeks to secure economic growth.

Iran nuclear deal cannot fix all economic problems

Sadegh Zibakalam, an Iranian political analyst, has said that unaccountability is a problem bigger than sanctions for Iran, adding that the country should learn lessons from other nations on fixing the economy.

Iran’s capital market is to absorb more foreign investment

An Iranian daily has taken a closer look at Iran’s capital market and its dire need for absorbing foreign investment in the post-sanctions era.

Car imports into Iran down by 68%

The plunge in car imports comes against the backdrop of Iranian officials' plans to boost auto exports from the country.

Economy chief orders measures to accelerate capital inflow, privatization

The capital market should be as instrumental as the banking system in financing the country's projects, the economy minister said.

Laylaz: Iran’s economy is not sanctionable (PART ONE)

Saeed Laylaz, an Iranian economist, says that mismanagement of the previous government has caused the country more losses than sanctions.

Iran sees growth even under sanctions

The governor of Iran's Central Bank has said that Iran’s economy is “on the right track”.

Foreign partners are one main hidden asset for Iran

A senior presidential advisor has said that Iran needs to count on cooperation with foreign partners if it seeks to take an accelerated step toward globalization.

IMF forecasts Iranian economy to grow

An IMF report says that growth in the Islamic Republic of Iran is projected to be 0.6 percent in 2015 and 1.3 percent in 2016.

Resistance-based economy does not mean shutting the doors to outside world

Iran's big names in economics lend support to what the Supreme Leader has outlined as the general policies of resistance-based economy.

Time is perfect to cut dependence on oil: Economy minister

Dr. Ali Tayyebnia said the present juncture offers the best opportunity to reform the economy and cut dependence on oil.

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