Iran Economic News Headlines - July 12

EghtesadOnline: Here are Iran's economic news headlines for July 12:

News ID: ۷۸۴۷۵۶

13 July 2019

1. Director of Iranian National Tax Administration Omid Ali Parsa: Tax evasion [in Iran] stands at a whopping 350 trillion rials [$3.73 billion per annum]. The establishment of electronic infrastructure and the supply of economic information of all legal and real entities to the tax administration is the only way to combat tax evasion. (IRIB News)

2. Behrouz Aqaei, director general of Ports and Maritime Organization of Sistan-Baluchestan Province: The 344% growth in the amount of transit cargo through Chabahar’s Shahid Kalantari Port in the first quarter of the current year indicates that this southeastern Iranian port has found its footing in the region. (News.mrud.ir)

3. Government Spokesman Ali Rabiei: So far this year, the government has paid 81,000 billion rials [$633 million] for importing essential goods and improving social welfare. (Fars News Agency)

4. Gholamreza Panahi, the Central Bank of Iran’s deputy governor for currency affairs: Over $5 billion of export earnings have been repatriated to the secondary FX market. (IRIB News)

5. Sulaymaniya Governor General Haval Abu Bakir: The Iraqi Kurdistan region does not take orders from the US about relations and border exchanges with Iran, but we obey the policies of the central government [of Iraq] and we want to further develop ties [with Iran]. (Fars News Agency)

6. Bahman Abdollahi, president of Iran Chamber of Cooperatives: The failure to implement law is behind the economic backwardness of cooperatives sector. (IRNA)

7. Shapour Mohammadi, the head of Securities and Exchange Organization of Iran: Pistachio and dates will be offered at Iran Mercantile Exchange in the near future. (ISNA)

8. Anti-Smuggling Police Chief Brigadier-General Ali Moayyedi: A greater part of sporadic activities associated with bitcoin mining in Iran is illegal. (IRIB News)

9. Ali Bakhshi, the head of Iran Electrical Industry Syndicate: Cryptocurrency miners must pay the real energy costs of their activities. (IRNA)

10. Deputy Minister of Territorial Administration and Energy Infrastructures of Armenia Hakob Vardanyan: Armenia is importing electricity from Iran amid power outage. (Public Radio of Armenia)

11. Somayyeh Kholousi, the head of Planning and Steering Supervision Department of IMIDRO: The Iranian Mines and Mining Industries Development and Renovation Organization has devised an agenda to revive 50 small mines in the current [Iranian] year [March 2019-20]. (IRIB News)

12. Minister of Roads and Urban Development Mohammad Eslami: Home loan limits will remain unchanged. (Mehr News Agency)

13. Beytollah Sattarian, a housing expert: An increase in home loan value would energize the housing market without triggering price hikes. (Etemad)

14. Managing Director of the Islamic Republic of Iran Airline (Iran Air) Touraj Dehqani Zanganeh: The entire fleet of Iran Air’s wide-bodied aircraft is totally at the service of hajj flights this year. (News.mrud.ir)

15. Morteza Rezaei, Agriculture Ministry’s deputy for livestock affairs: There is no need to import chicken, thanks to the excess supply. (IRIB News)

16. Reza Torkashvand, the head of the Union of Producers of Egg-Laying Hen: More than 6,500 tons of eggs were exported in the past one and a half months to Iraq, Afghanistan, Oman and Qatar. (IRNA)

17. Mohammad Reza Modoudi, caretaker of Trade Promotion Organization of Iran: The volume of Iran's non-oil exports do not conform to objectives set by the authorities. (ISNA)

18. Adil Sarvi, the head of Sericulture Center of Iran: Iran's silk industry during the Safavid dynasty was on the same footing as oil industry in contemporary Iran. (Fars News Agency)

19. Meqdad Takalloozadeh, secretary of National Association of Iranian Dates: Iran exports only 10-15% of its date output. (ILNA)

20. Mohammad Reza Mir, spokesman of Iran Plant Protection Organization: The fight with desert locusts will end by Sept. 22, marking the end of summer. (ILNA)