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Iran: Gasoline Sales Drop, CNG Rises

EghtesadOnline: Gasoline consumption fell by 22 million liters a day in the three weeks from November 15 after the government rationed gasoline and raised prices by selling it at two rates.
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Publish Date:11/December/2019 | 09:43

MRC Criticizes Piecemeal Measures to Tackle Inflation

EghtesadOnline: In an analytical report appraising measures taken to curb inflation, the Majlis Research Center says the government has resorted largely to temporary and micro measures to curb inflation and control liquidity but in doing so has failed to address macro variables.
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Publish Date:09/December/2019 | 10:53

Iran: Tax Revenues Rise 4% to $7b

EghtesadOnline: Director of Iranian National Tax Administration Omid Ali Parsa says the government ’s tax revenues reached 890 trillion rials ($7.09 billion) during the first eight months of the current Iranian year (started March 21).
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Publish Date:03/December/2019 | 24:00

Iran Gov't Toughens Eligibility for Livelihood Assistance Program

EghtesadOnline: The government will weigh up offering earnings from higher gasoline prices to people only after monitoring their bank accounts, Ahmad Meydari, deputy minister of cooperatives, labor and social welfare, announced.
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Publish Date:01/December/2019 | 11:38

Gasoline Use in Iran Declines After 12 Years

EghtesadOnline: Following the abrupt government decision to raise gasoline prices and sell it at two rates from November 15, consumption fell by at least 20% over a 10-day period, the National Iranian Oil Products Distribution Company (NIOPDC) announced Tuesday.
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Publish Date:27/November/2019 | 10:16

New Housing Plan: More of the Same

EghtesadOnline: The government recently announced a plan to construct homes for the newlyweds and people with reasonable income or pensioners who do not own a home and cannot afford to buy one without state assistance.
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Publish Date:25/November/2019 | 24:05

Fuel Price Hike Drives People Toward Public Transportation

EghtesadOnline: Since the government rationed and raised the price of gasoline on Nov. 15, the public transportation fleet in Tehran has served 20% more passengers, Tehran City Council Chairman Mohsen Hashemi said.
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Publish Date:24/November/2019 | 10:49

Government to Issue $442m Sukuk Securities

EghtesadOnline: The government will issue 49.9 trillion rials ($442 million) in Manfa’at Sukuk securities for its budgeting needs for this fiscal year (March 2019-20).
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Publish Date:10/November/2019 | 24:28

No Point in US Talks as It Won’t Make Concessions

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Sunday that talks with the US government will not bear any results, because the Americans are not ready to offer any concessions.
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Publish Date:04/November/2019 | 07:33

$3.4m to Help Ease Air Pollution in Isfahan

EghtesadOnline: The government has allocated 400 billion rials ($3.4 million) to curb the growing air pollution and smog in the metropolis of Isfahan in central Iran, the head of Isfahan Disaster Management Organization said.
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Publish Date:20/October/2019 | 13:46

Government Will Announce $877m Bond Sale

EghtesadOnline: The Ministry of Economy has plans to issue Manfa’at Sukuk worth 100 trillion rials ($877 million) to help augment government spending, according to the head of Capital Market Central Asset Management Company.
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Publish Date:20/October/2019 | 13:29

Iran: Privatization Reforms on Agenda

EghtesadOnline: The Iranian government will institute fundamental changes in the existing procedures regarding privatization.
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Publish Date:15/October/2019 | 24:12

Gov’t Tweaking Divestiture Rules

EghtesadOnline: The government plans to resume offering its remaining shares in state-owned companies after making some changes governing divestiture of state properties to private firms, the economy minister said.
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Publish Date:05/October/2019 | 13:07

Mining Royalty Payments Hit $63m

EghtesadOnline: Iranian miners paid 7.19 trillion rials ($63.4 million) in mining royalties to the government during the first five months of the current Iranian year (March 21-Aug. 22).
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Publish Date:30/September/2019 | 11:51

Legal Crypto Mining in Iran: Getting Started

EghtesadOnline: The government 's move in July to regulate cryptocurrency mining as a legal industrial activity has been broadly welcomed by miners, though they say minor adjustments in regulations would create room for miners to make significant contribution to the economy.
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Publish Date:21/September/2019 | 24:31

Mining Royalties Exceed $400m in 4 Months

EghtesadOnline: Iranian miners paid 51.47 trillion rials ($447.56 million) in mining royalties to the government during the first four months of the current Iranian year (March 21-July 21).
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Publish Date:11/September/2019 | 24:20

15% Rise in Iran's Tea Production

EghtesadOnline: More than 98,479 tons of fresh tea leaves have so far been purchased by the government from local farmers for 2.78 trillion rials ($23.96 million), which shows a 15% rise compared with the similar period of last year.
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Publish Date:26/August/2019 | 24:34

Crypto Mining Rules Expounded

EghtesadOnline: The government says it recognizes mining of cryptocurrencies as an industrial undertaking and sent a directive to the relevant government bodies at the weekend.
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Publish Date:07/August/2019 | 24:18