Challenges

EghtesadOnline: Iran’s foreign trade is struggling to cope with political and economic challenges, as well as the deteriorating economic situation caused by US sanctions, special commercial circumstances and mounting operating costs, to drive down overall spending.

EghtesadOnline: Public transportation expansion projects have become a challenging task for managers in Iranian metropolises because of rising demand on the government’s budget.

EghtesadOnline: Banks and credit institutions in Iran are facing a myriad of challenges including cumbersome regulations and technical issues to boost capital through revaluation of their assets, a senior banking official said.

EghtesadOnline: The chief executive of Bank Refah said limited overseas operations and rising inflation driven mainly by the recent currency crisis will pose major challenges to the banking sector in the coming months.

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.

EghtesadOnline: Iran's shipping fleet cannot get services (like bunkering) in international waters and ports from Jan 1 because the vessels have not been able to conform with the International Maritime Organization’s (IMO) new regulations for a 0.5% global sulphur cap for marine fuels, the secretary-general of Iranian Shipowners' Association said Sunday.

EghtesadOnline: Bonyadeh Farzanegan is a non-governmental organization where the elderly take a leadership role in providing community services to help them stay active, healthy and independent.

EghtesadOnline: Iran is exposed to a number of foreign policy challenges in the New Year mostly involving the United States’ activities, an international affairs expert said.