The latest news and views about the economy of Iran
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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.
Caretaker of the Iranian Ministry of Agriculture says a rise in the domestic production of sugar has helped the government save nearly $1 billion in imports from abroad over the past seven years.
Iran’s minister of roads and urban development says all transit and customs issues between the Islamic Republic and the neighbouring countries have been resolved, and the Iranian fleet can now move to Europe and China.
Iranian President Hassan Rouhani has called on the Muslim world to find ways to get rid of the dominance of the US dollar in the world economy.
One of the most fervent advocates of new regulations on fuel consumption in Iran says a series of public protests in the wake of a recent hike in the price of subsidized gasoline had other social reasons.
Iran’s energy minister says the country has already received a $2.2-billion loan from Russia and the remaining $2.8 billion would be paid to Iran in the next month.
A senior Iranian official says cash subsidies to improve the Iranian people’s livelihoods have been paid to some 60 million citizens in the past few days after gasoline prices were tripled.