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Divestments to Help Development Projects

EghtesadOnline: Earnings from the first phase of the government’s disinvestment plan will be used for development projects stated in the fiscal 2020-21 budget, a deputy minister of economy said.
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Publish Date:20/May/2020 | 07:02

Virus Infections Cross 120,000 in Iran

EghtesadOnline: Iran’s tally of Covid-19 cases rose above 120,000 on Sunday, as the country continued to ease containment measures to revive its economy .
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Publish Date:18/May/2020 | 05:29

Divestiture Policy on Thin Ice

EghtesadOnline: The government’s plan to divest its shares in state-run companies via exchange-traded funds can neither be called privatization nor a realistic move toward a market economy , says Davoud Soori, an economist.
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Publish Date:17/May/2020 | 05:41

Covid-19 Sinks Business Activities to Record Low

EghtesadOnline: The Purchasing Managers’ Index, known by its Farsi acronym Shamekh, for Iran’s overall economy nosedived to its lowest level in the first month of the current fiscal year (March 20-April 19) in another sign that the coronavirus pandemic is causing serious economic damage to the country.
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Publish Date:12/May/2020 | 08:56

Struggling Insures Seek Gov’t Help

EghtesadOnline: Iranian Insurers’ Syndicate has asked the Ministry of Economy for financial aid to the industry burdened by the impact of the coronavirus spread.
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Publish Date:28/April/2020 | 05:31

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

$500 billion coronavirus aid package passes U.S. Senate, headed to House

EghtesadOnline: The U.S. Senate on Tuesday unanimously approved $484 billion in fresh relief for the U.S. economy and hospitals hammered by the coronavirus pandemic, sending the measure to the House of Representatives for final passage later this week.
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Publish Date:22/April/2020 | 24:23

Time for IMF to Act Now

EghtesadOnline: Iran’s central bank governor has again called on the International Monetary Fund to resist US pressure and approve its application for financing to help bridge a 10 billion-euro ($10.9 billion) deficit as the country’s sanctions-hit economy struggles to cope with the coronavirus pandemic.
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Publish Date:21/April/2020 | 11:42

European Dependence on US Hampers Borrell’s JCPOA Efforts

EghtesadOnline: Europe’s security and economic dependence on the United States impedes the European Union foreign policy chief’s endeavors to preserve the 2015 nuclear accord, an expert on international relations said.
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Publish Date:19/February/2020 | 04:55

PMI Data: Iranian Economy Remains in Recession

EghtesadOnline: Purchasing Managers Index in the 10th month of the current fiscal year (Dec. 22, 2019-Jan. 20) settled at 44.26, indicating that Iran’s economy remains in recession, according to the Statistics and Economic Analysis Center of the Iran Chamber of Commerce, Industries, Mines and Agriculture.
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Publish Date:16/February/2020 | 05:07

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

Legacy of Dutch Disease in Iran's Economy

EghtesadOnline: It was a strongly-held belief that the abundance of natural resources (such as fossil fuels and certain minerals) in a country engenders economic growth.
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Publish Date:26/January/2020 | 11:26

13 Monumental Challenges Facing Iran’s Economy

EghtesadOnline: Iran’s economy is facing 13 monumental challenges that have built up over the past decades, after it emerged from the shadows of oil revenues when the US reimposed sanctions on the country, Vahid Shaqaqi-Shahri, a university professor and economist, says.
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Publish Date:21/January/2020 | 13:02

Economic Reforms Needed to Withstand US Sanctions

EghtesadOnline: What if American sanctions remain in place for the next year? Will their effects be any worse than what was experienced in the past two years? How is it possible to enhance economic stability under sanctions?
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Publish Date:20/January/2020 | 13:34

First PMI on Iran's Overall Economy Exposes Recession

EghtesadOnline: Purchasing Managers Index in the ninth month of the current fiscal year (Nov. 22-Dec. 21) settled at 48.22, indicating that Iran’s economy is in recession, according to the Statistics and Economic Analysis Center of the Iran Chamber of Commerce, Industries, Mines and Agriculture.
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Publish Date:13/January/2020 | 24:30