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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.
Production of sponge iron in Iran rose by 8.8 percent during the first 11 months of the current Iranian calendar year (March 21, 2023-February 19, 2024), as compared to the same period of time in the past year, according to the data released by the Iranian Steel Producers Association (ISPA).
China International Press Communication Center (CIPCC) held a lecture on the Chinese Modernization and the Promotion of Building a Community with a Shared Future for Mankind, for foreign journalists from around the world, on Wednesday (March 13).
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has invested more than 16.285 trillion rials (about $32 million) for the development of infrastructure in the country’s mining zones in the first 11 months of the current Iranian year (ends on March 19).
The UN Food and Agriculture Organization (FAO) in a report said Iran has produced more than 21 million tons of grain in the 2023 Crop Year and holds the fourth largest grain reserves in Asia.
Iran and other Economic Cooperation Organization (ECO) member states will sign a memorandum of understanding (MOU) on the construction of a logistics village, Tasnim News Agency reported.
Iranian and Tanzanian tax officials have signed the draft of an agreement to eliminate double taxation on income taxes and prevent tax evasion with the presence of the ambassador of the Islamic Republic of Iran in Tanzania, IRNA reported on Tuesday.
Exports from the western Iranian province of Kermanshah increased 23 percent in the first 11 months of the current Iranian calendar year ending on March 19, a provincial official said on Monday.