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The U.S. Bureau of Statistics, in its latest report, pointed to a 112 percent growth in the trade exchanges between Iran and the United States in January-February 2024
Iran exported $7.6 billion worth of steel products last calendar year ending March 19, according to figures released by the Iranian Steel Producers Association
The head of Iran’s Plan and Budget Organization (PBO) has said the country’s 5.4 percent economic growth in 2023 reported by the International Monetary Fund (IMF) was the second-highest rate in the world
Iran last year became the biggest West Asian supplier of Liquefied petroleum gas (LPG), with exports surging 28 percent to over 11 million tons, according to an analysis of ship tracking data and market intelligence by consultancy Facts Global Energy (FGE)
In its new report on food security, the World Bank (WB) has announced that Iran was able to reduce inflation of food products by 48 percent in one year, IRNA reported. Based on the mentioned report, food inflation in Iran was about 79.5 percent in March 2023, which has decreased by 48 percentage points to […]
Transit of commodities through Iran increased by 36.52 percent during the previous Iranian calendar year (ended on March 19), as compared to the preceding year, according to the data released by the Islamic Republic of Iran Customs Administration (IRICA). Based on the IRICA data, 17.79 million tons of goods were transited via the country in […]
Iran’s Finance and Economic Affairs Minister Ehsan Khandouzi has said the rise in oil prices does not contribute to the improvement of Iran’s economic condition, Shana reported. Khandouzi made the statement during his first press conference in the Persian New Year (starting March 20) in a reaction to “baseless claims” that the country’s economy grew […]
Iran’s Expediency Discernment Council has authorized the government and the state management apparatuses, including the Central Bank of Iran (CBI), to spend 13.6 billion euros at a preferential exchange rate for the import of basic items such as agricultural products, medicine, and its raw materials as well as medical equipment.
The Central Bank of Iran (CBI)’s planning for the end of the next Iranian year (late March 2025) is to achieve a liquidity growth rate of 23 percent as well as a point-to-point inflation rate of 20 percent, CBI Governor Mohammadreza Farzin said.
The head of Iran’s Trade Promotion Organization (TPO) said his organization is going to dispatch a delegation comprised of major Iranian firms to Syria to take part in the country’s International Expo for Oil and Gas Industries and Services, which is slated to be held in the Arab country in July.