Economy Archives | صفحه 60 از 142
Annual transit of goods via Iran rises over 36%
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 economic growth has nothing to do with oil price hikes: minister
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 […]
€13.6b allocated for import of essential goods
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.
CBI plans to curb liquidity growth to 23% by Mar. 2025
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.
Major Iranian firms to take part in Syria international oil, gas exhibition
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.
Sponge iron production up 8.8% in 11 months yr/yr
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).
25 idle mines revived in Zanjan province in a year
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).
IMIDRO invests $32m to develop infrastructure in mining zones
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).
Iran’s grain production exceeds 21 million tons in 2023: FAO
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, ECO states to ink MOU on constructing logistics village
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.