Topic
Tag: Iranian economy
-
Iran’s Leader wants support for country’s manufacturing sector
Iran’s Supreme Leader identified the new Iranian year as the year of Iranian Products putting out a symbolic call to the public to direct…
-
Government admits lack of revenue means unbalanced budget
Despite repeated optimistic forecasts about the economy, the Iranian government has failed to balance the budget and says it is facing a shortage of…
-
Iranian auto production slumps despite government incentives
Despite recent incentives adopted by the government to boost sales for the domestic auto industry, recent reports indicate auto production is on the decline.…
-
Iran offering tax breaks to stimulate foreign investment
The head of Iran’s Trade Development Organization says the country has adopted “advantageous regulations” to encourage foreign investment. The organization reports that in a…
-
Economy of Resistance and resistance of the centres of corruption
by Hamid Mafi While the right-wing factions of the Islamic Republic step up their opposition to the Rohani administration, and as the Revolutionary Guards…
-
Interest rate reduction meant to stimulate lagging economy
Iranian media report that public and private banks have agreed to reduce interest rates by two percent. The Coordinating Council of Public and Private…
-
Iran offers loans to car buyers, factories to spur economy
Iran’s central bank and the Ministry of Industry, Mine and Trade announced that starting next week, they will offer loans to auto buyers. In…
-
Plummeting car sales hit auto parts sector
The head of Iran’s Association of Car Parts Manufacturers says auto manufacturing has shrunk by 50 percent and 50,000 workers in the sector have…
-
Rohani making new plan to weather economic storm clouds
Iranian President Hassan Rohani is planning to introduce a new economic plan after four of his ministers wrote him an open letter warning of…
-
Iran’s surprising currency drop casts suspicion on government
Hamid Mafi The Iranian currency market is in shock with the value of the national currency once again falling against foreign currencies and the…