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Central Bank of Iran to Hold Bond Auctions

EghtesadOnline: The Central Bank of Iran said it plans to open a primary interbank market for auctioning bonds to help the government raise funds for budgetary needs.
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Publish Date:14/May/2020 | 17:12

30% Rise in Essential Goods Rail Transport

EghtesadOnline: A total of 220,000 tons of essential goods have been transported via railroads since the beginning of the current Iranian year on March 20, registering a 30% rise compared with the similar period of last year, the director general of Commercial Services Coordination Bureau with the Government Trading Corporation said on Tuesday.
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Publish Date:07/May/2020 | 15:38

Corona Closes 2,200 Eco-Lodges

EghtesadOnline: T he coronavirus has closed the doors of 2,200 eco-lodges across the country, making at least 22,000 people redundant without any source of income for the past two months. They are now seeking government aid to weather the storm of unemployment and recession.
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Publish Date:03/May/2020 | 04:24

MRC Finds Faults With Gov’t Divestiture Plans

EghtesadOnline: I n a report appraising government plans to divest its shares in state-run companies, the Majlis Research Center says it needs more in-depth studies and the plan should be suspended, for now.
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Publish Date:02/May/2020 | 08:45

Gov’t to Launch Divestiture Scheme May 3

EghtesadOnline: The Ministry of Economy announced a timeframe to launch the first phase of a divestiture scheme based on which government will sell its stakes in state-affiliated companies.
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Publish Date:27/April/2020 | 13:01

Gold Market to Reopen Today

EghtesadOnline: Iran’s gold market will reopen on Monday following a month-long hiatus due to restrictions ordered by the government on almost all businesses to impede spread of the coronavirus.
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Publish Date:20/April/2020 | 13:18

Putin Government Rewriting Budget at $20 Oil in 2020

EghtesadOnline: President Vladimir Putin’s government is rewriting its budget to prepare for oil prices at $20 a barrel this year despite US-led efforts to get major producers to rein in production.
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Publish Date:05/April/2020 | 19:30

Iran Gov’t Announces Corona Rescue Package

EghtesadOnline: The government has approved a large package to help low-income households and struggling businesses impacted by the rapidly spreading coronavirus.
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Publish Date:04/April/2020 | 21:33

Need for Continuing Efforts to Pass FATF Laws

EghtesadOnline: The government needs to continue efforts to pass the laws related to the standards of the Financial Action Task Force after the global watchdog placed Iran on its blacklist, an expert said.
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Publish Date:29/February/2020 | 06:31

MRC Has Reservations About Privatization Scheme

EghtesadOnline: The Majlis Research Center says a new government plan to divest its assets in assorted companies via exchange-traded funds is not “privatization in the true sense”.
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Publish Date:12/February/2020 | 10:26

Xi Vows to Support Chinese Economy

EghtesadOnline: Chinese President Xi Jinping said on Monday that the government would prevent large-scale layoffs resulting from the coronavirus outbreak, Chinese state television reported, as Xi appeared among the public for the first time since the epidemic erupted in January.
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Publish Date:12/February/2020 | 10:24

Capex Waning in Gov’t Budgets

EghtesadOnline: Government expenditure on civil development projects has been on the decline during March 2010-19.
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Publish Date:05/February/2020 | 24:13

No More Subsidized Currency for Importing Eyed Eggs

EghtesadOnline: The government has discontinued the allocation of subsidized foreign currency for the import of eyed eggs, the head of Iran Fisheries Organization said.
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Publish Date:05/February/2020 | 24:10

Iran: No More Subsidized Foreign Currency for Sugar Imports

EghtesadOnline: The government will no longer allocate subsidized foreign currency for sugar import, as per the letter forwarded to the Central Bank of Iran by the Ministry of Industries, Mining and Trade.
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Publish Date:02/February/2020 | 24:29

Iran's Tax Administration Brings Big-Timers Under Scrutiny

EghtesadOnline: The government wants to bring under closer scrutiny transactions above 50 billion rials ($375,000) conducted inside the country, head of Iranian National Tax Administration said.
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Publish Date:02/February/2020 | 24:14

State Companies to Pay $444m in Tax

EghtesadOnline: Banks, companies and other organizations affiliated to the government must pay 57.8 trillion rials ($444 million) in tax in the coming fiscal year that starts in March 2020.
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Publish Date:30/December/2019 | 24:46

Fuel Smuggling in Iran: A Strange Narrative

EghtesadOnline: The Tehran government ’s protestations about fuel smuggling from the eastern and southern borders have become a permanent feature. So has the inability and unwillingness of those in charge to put an end to this wholesale corruption inflicting colossal economic loss for too many years.
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Publish Date:24/December/2019 | 24:49

Iran Gov’t to Sell Stakes in Six Refineries

EghtesadOnline: The government ’s remaining stakes in six refineries is to be offered via a monolithic exchange-traded fund, according to a decision by an ad hoc committee in charge of divesting government property.
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Publish Date:21/December/2019 | 24:09