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Distressed Loans Restructured

EghtesadOnline: The government on Saturday extended the repayment deadline for troubled loans to the current fiscal yearend (March 19), the vice president for economic affairs said.
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Publish Date:06/December/2020 | 18:53

Gov’t Buys 7% More Wheat From Local Farmers This Year

EghtesadOnline: The Government Trading Corporation has bought 8.22 million tons of wheat worth 207.8 trillion rials ($755 million) from local farmers across the country in the current fiscal year (started March 20), which indicates a 7% increase compared with the similar period of last year.
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Publish Date:13/November/2020 | 19:04

Gov’t Buys 7% More Wheat From Local Farmers This Year

EghtesadOnline: The Government Trading Corporation has bought 8.22 million tons of wheat worth 207.8 trillion rials ($755 million) from local farmers across the country in the current fiscal year (started March 20), which indicates a 7% increase compared with the similar period of last year.
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Publish Date:13/November/2020 | 19:04

A Win for Private Power Producers

EghtesadOnline: As per a government directive the Iran Power Generation, Transmission and Distribution Management Company (Tavanir) will henceforth not be the sole buyer of electricity from private power companies, an Energy Ministry spokesman said.
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Publish Date:22/October/2020 | 20:11

Covid-19 Deaths Exceed 30,000

EghtesadOnline: Iran’s death toll from the coronavirus outbreak topped the 30,000 mark on Saturday, as the government extended lockdown disciplines in the capital Tehran to contain the viral infection.
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Publish Date:18/October/2020 | 13:54

Post Company Ships 5 Tons of Packages Overseas Daily

EghtesadOnline: The government -owned Iran Post Company dispatches at least 5 tons of letters and packages overseas on a daily basis, says Deputy Minister of Information and Communications Technologies Ramezanali Sobhanifar.
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Publish Date:11/October/2020 | 20:16

Aversion to Gov’t Bonds Persists

EghtesadOnline: Bond auctions held Tuesdays by the Central Bank of Iran concluded with none of the legal or individual investors showing interest in the government bonds.
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Publish Date:10/October/2020 | 15:32

Economy Ministry: Plans to Divest Hit a Snag

EghtesadOnline: Government organizations refuse to abide by budgetary laws that call for relinquishing more than 60 trillion rials ($210 million) in assets, an official with the Economy Ministry said.
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Publish Date:07/October/2020 | 19:53

BIM Unveils Open Banking Platform

EghtesadOnline: Bank of Industry and Mine, a specialized bank owned by the government , unveiled an open banking platform in line with belated plans to access new financial technologies.
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Publish Date:07/October/2020 | 19:47

Tax Revenues More Than Double to $1.7 Billion in 1st Fiscal Quarter

EghtesadOnline: The government earned 510 trillion rials ($1.73 billion) in tax revenues during the first quarter of the current fiscal year (March 20-June 20), which indicates a 111% increase compared with the corresponding period of last year.
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Publish Date:30/September/2020 | 14:05

Interest Lacking in Refinery ETF

EghtesadOnline: The government ’s move to sell shares in four major refineries via an exchange-traded fund was received coldly by investors as barely 20% of the assets were bought in the subscription phase.
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Publish Date:28/September/2020 | 18:52

Bond Sales Stutter

EghtesadOnline: Weekly bond auction data indicates a steep decline in investor interest in Islamic bonds issued by the government .
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Publish Date:26/September/2020 | 13:37

Gov't Agro Feats Reviewed

EghtesadOnline: Agriculture Minister Kazem Khavazi has expounded on the government 's track record since President Hassan Rouhani began his first tenure in August 2013.
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Publish Date:25/September/2020 | 19:59

Strictures on Use of Commercial Cards

EghtesadOnline: Caretaker of the Industries Ministry says the government will soon put an end to the practice of companies’ renting commercial cards for export.
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Publish Date:25/September/2020 | 19:42

1,000 Gov’t Estates on Divestiture List

EghtesadOnline: About 1,000 estates owned by the government are on the divestiture list by the time the current fiscal is out next March, an official with the Economy Ministry said.
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Publish Date:21/September/2020 | 14:16

Third Covid-19 Wave Hits Tehran

EghtesadOnline: Head of Tehran’s coronavirus taskforce called for the government ’s “serious intervention” to assist the key province in confronting a third wave of Covid-19 infections.
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Publish Date:21/September/2020 | 14:09