Iran economy

tag Iran economy

Iran’s parl. committee approves new currency reform plan

Members of a committee of the Iranian parliament have voted in favor of a motion to reform the country’s national currency by removing four zeros from it and restoring an old currency subdivision named qiran.
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Publish Date:04/August/2025 | 22:41

Iran’s trade with neighbors tops $13b in Q1: IRICA

The Islamic Republic of Iran Customs Administration (IRICA) says that Iran’s trade with its 15 neighboring countries exceeded $13.42 billion in the first three months of the current Iranian calendar year (started March 21).
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Publish Date:21/July/2025 | 16:27

Iran’s non-oil trade hits over $24.6 bln in Q1: IRICA chief

The head of the Islamic Republic of Iran Customs Administration (IRICA) has put the total value of the country’s non-oil trade in the first three months of the current Iranian calendar year (started March 21, 2025) at $24.684.
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Publish Date:02/July/2025 | 18:17

Iran moves up to 9th in global ranking of steel producers

Iran’s steel production outpaced Brazil's in May as the country moved up to 9th in the ranking of the world’s largest steel producers, according to figures by the World Steel Association (worldsteel).
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Publish Date:30/June/2025 | 17:25

Iran and Effective Economic Governance amidst Crisis

Even amidst the war, Iran was able to keep many of its capacities active. The most tangible example of this is the continuity and even increase in Iran's oil exports, which surprised many Israeli experts.
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Publish Date:29/June/2025 | 16:05

IMF revises up its 2024 economic growth forecast for Iran

The International Monetary Fund (IMF) has raised its economic growth forecast for Iran in 2024 amid signs the country is becoming increasingly immune to the economic impacts of US sanctions.
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Publish Date:26/October/2024 | 11:35

President Outlines Plans for Iran’s Economic Growth

Iranian President Masoud Pezeshkian referred to recommendations made by experts for achieving the target of 8% economic growth in the country, unveiling plans to attract massive investment and build trust among economic stakeholders.
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Publish Date:02/September/2024 | 02:22

Iran as emerging economy has great potential in BRICS

Iran is seen as an emerging economy with the great potential in the BRICS group of the emerging economies as it [Iran] offers constructive economic, cultural and geographic dimensions to the bloc’s expansion, an analyst said.
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Publish Date:18/July/2024 | 13:24

Iran’s Economy Grows 5.7% in One Year: SCI

The Statistical Center of Iran (SCI) said the country’s economic growth hit 5.7% and 3.4% with/without oil included respectively in the past Iranian calendar year (March 21, 2023, to March 19, 2024).
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Publish Date:13/June/2024 | 09:36

$2-3 Million Smuggled Daily From Afghanistan to Iran

EghtesadOnline: Aziz Ahmad is one of the unlikely winners of the standoff between the United States and Iran, turning his modest transport service into an international foreign exchange operation that is providing much-needed dollars to the Iranian economy.
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Publish Date:03/July/2018 | 04:18

$2-3 Million Smuggled Daily From Afghanistan to Iran

EghtesadOnline: Aziz Ahmad is one of the unlikely winners of the standoff between the United States and Iran, turning his modest transport service into an international foreign exchange operation that is providing much-needed dollars to the Iranian economy.
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Publish Date:03/July/2018 | 04:18