EghtesadOnline: A group of banking experts, including former governors of Central Bank of Iran, has criticized provisions of a new banking bill as ambiguous, impractical and lacking informed analysis.

EghtesadOnline: Pundits and economic experts looking closely at the key insurance sector are prone to ask one question: Why should the insurance industry be exempt from value added tax as some quarters have been demanding?

EghtesadOnline: Of the 23.8 million people employed in Iran in the last fiscal year (ended March 20, 2019), 12.9 million or 54.2% stayed for fewer than 10 years in their main jobs.

EghtesadOnline: The unemployment rate fell below 10% for PhD holders and those with school certificates below diploma in the last Iranian year (ended March 20, 2019), whereas it topped out at 20.3% for bachelor’s degree holders.

EghtesadOnline: If there has been an acute need for structural reforms and fiscal probity in Iran it is now. Much has been said and written about the role, compulsion and significance of transparency and openness in functioning economies.