The latest news and views about the economy of Iran
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Directives on issuing residence permits to foreign nationals making investment in Iran have been announced.
Iranian First Vice President Es’haq Jahangiri has called for plans to develop the infrastructures for digital economy in the country, highlighting the role that the Ministry of Information and Communications Technology plays in working towards that goal.
The Iranian president has instructed the caretaker of the Ministry of Industry, Mine and Trade to adopt the necessary measures to manage the market and support businesses amid COVID-19 pandemic.
The Iranian president says all efforts should be channeled into improving people’s economic situation and living standards as well as boosting hopes of a better future.
The caretaker of Iran's Ministry of Industry, Mine and Trade has imposed a ban on the import of the medical supplies that are produced domestically.
The Iranian Parliament passed a law on Sunday according to which the plans to take foreign currency out of the country may be subject to forfeiture and will result in financial penalties.
IFP has taken a look at the front pages of Iranian newspapers on Tuesday, May 5, 2020, and picked headlines from 12 of them. IFP has simply translated the headlines and does not vouch for their accuracy.
The idea of knocking off zeros from countries’ national currencies goes back decades, with some governments removing noughts from banknotes several times to harness inflation.
Iran’s government spokesman says shares of four refineries will begin to be offered to the public soon.