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Iran: Q1-3 Economic Growth at -3.8%

EghtesadOnline: Iran's gross domestic product saw a contraction of -3.8 during the three quarters of the last fiscal year (March 21-Dec. 21, 2018) compared to the corresponding period of the year before, the Statistical Center of Iran's latest report shows.
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Publish Date:16/April/2019 | 13:57

IMF: Iran Should Safeguard Stability in Face of US Sanctions

EghtesadOnline: The International Monetary Fund said on Thursday that Iran should implement policies to safeguard its macroeconomic stability after the reimposition of US sanctions that will cut Iranian economic growth by reducing oil exports.
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Publish Date:03/November/2018 | 06:21

CBI: Oil Remains Biggest Contributor to Economic Growth

EghtesadOnline: A sectoral review of the Central Bank of Iran's latest report on Iran's economic growth shows the oil sector had the biggest contribution to the gross domestic product during the first quarter of the current fiscal year (March 21-June 21).
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Publish Date:18/September/2018 | 11:37

Oil Prices Up on Iran Sanctions While Future Contracts Decline

EghtesadOnline: Crude oil prices rose more than 1% on Friday as US sanctions against Iran looked set to tighten supply, but futures contracts posted a weekly decline since investors worried that global trade disputes could slow economic growth and hurt energy demand.
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Publish Date:12/August/2018 | 07:03

Hemmati Ready to Face Monetary Challenges

EghtesaadOnline: Abdolnasser Hemmati, the newly-appointed governor of the Central Bank of Iran, has in his first comments as the country's top monetary policymaker pledged to promote the country's economic growth .
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Publish Date:28/July/2018 | 04:51

Rouhani Assures Business Community on Forex Policy

EghtesadOnline: President Hassan Rouhani sought to assure the private sector of the long-term effects of the government's new foreign exchange policy, saying the measures are aimed at market stability and sustainable economic growth .
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Publish Date:28/April/2018 | 04:49

Canada's Trudeau calls for wider social benefit from economy

EghtesadOnline: Canadian Prime Minister Justin Trudeau said on Friday that international economic policymakers should place more focus on creating economic growth which benefits a wider range of global society.
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Publish Date:18/February/2017 | 05:05

Iran's Non-Oil Growth at 4.5% in H1

EghtesadOnline: Iran's economic growth during the first half of the current fiscal year (started March 20), excluding the oil sector, stood at 4.5%, the government spokesman and president of Planning and Budget Organization, Mohammad Baqer Nobakht, said on Monday.
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Publish Date:27/December/2016 | 05:26

CBI: Iran among fastest growing economies

EghtesadOnline: Central Bank of Iran (CBI) announced that the gross domestic product grew 7.4 percent in the first half of the current fiscal year (started March 20) compared to the figure for the same period last year.
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Publish Date:20/December/2016 | 09:59

CBI: Iran's economic growth hits 7.4%

EghtesadOnline: Central Bank of Iran (CBI) announced on Saturday that Iran's Gross Domestic Product (GDP) in the first half of the current Iranian calendar year (started on March 21) shows a 7.4% growth in comparison with the same period last year.
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Publish Date:18/December/2016 | 19:52

Greek PM says economy will return to growth this year

EghtesadOnline: Greece will return to economic growth this year after many years of recession, contrary to the government's previous projection for a slight drop in output, due to a strong summer tourism season and a high take-up of EU funds, Prime Minister Alexis Tsipras said on Saturday.
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Publish Date:16/October/2016 | 07:25

Asia stocks waver as policy uncertainty, weaker oil sap confidence

EghtesadOnline: Asian stocks wavered on Thursday as investors grappled with the apparently diminishing ability of major central banks to stimulate growth, while a tumble in crude oil prices added to the risk-averse mood.
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Publish Date:15/September/2016 | 06:44

Saudi Cost Cutting Drive: $20 Billion of Projects May Be Axed

EghtesadOnline: Saudi Arabia is weighing plans to cancel more than $20 billion of projects and slash ministry budgets by a quarter to repair finances squeezed by low oil prices, people familiar with the matter said -- efforts that analysts expect to slow economic growth .
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Publish Date:07/September/2016 | 08:53

MENA Countries Lack Ingredients for Growth

EghtesadOnline: Why do some countries grow faster than others? How do we engineer an economic miracle? Some economists believe that manufacturing growth is like cooking a good dish—all the needed ingredients should be in the right proportion; if only one is under- or overrepresented, the ‘chemistry of growth’ will be sub-optimal. Rapid economic growth can only happen if several necessary conditions are met at the same time, IPS reported.
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Publish Date:31/August/2016 | 24:08