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Slight Improvement in Iran ian Human Development Index

EghtesadOnline: Iran advanced one spot to rank 70th among 189 countries in the 2020 Human Development Index, according to a report released by the United Nations Development Program.
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Publish Date:27/December/2020 | 16:58

Debt Relief for Virus-Hit Businesses

EghtesadOnline: The Central Bank of Iran on Saturday announced financial relief to businesses battered by months of lockdowns to curb the Covid-19 pandemic.
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Publish Date:27/December/2020 | 16:49

Trade With ECO Member States at $5.7 Billion in Eight Months

EghtesadOnline: Iran and members of Economic Cooperation Organization traded 10.91 million tons of non-oil commodities worth $5.72 billion during the first eight months of the current Iran ian year (March 20-Nov. 20), according to the spokesperson of the Islamic Republic of Iran Customs Administration show.
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Publish Date:27/December/2020 | 16:43

Iran Tightens Virus Restrictions Despite Sharp Drop in Cases

EghtesadOnline: Although the coronavirus infection rate has slowed, the National Coronavirus Headquarters announced on Saturday that it will extend the nightly curfew to most cities across the country to keep the contagious outbreak at bay.
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Publish Date:27/December/2020 | 16:42

Iran Tax-to-GDP Ratio at 4.2%

EghtesadOnline: The ratio of tax revenues government gained in the last fiscal year (March 2019-20) to GDP (when current prices are used) stood at 4.2%.
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Publish Date:27/December/2020 | 16:40

Iran 's CB Designing Crypto-Rial

EghtesadOnline: The Central Bank of Iran is studying the issuance of “crypto-rial” as a central bank digital currency (CBDC) and a digital form of the country’s fiat money, the CBI director of Payment Systems Department said.
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Publish Date:27/December/2020 | 16:38

Azeri Official Signs Power Plant Construction Deal

EghtesadOnline: Iran and Azerbaijan finalized an agreement to build a hydroelectric power plant on the joint Khoda-Afarin dam on the Aras River straddling the joint border.
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Publish Date:26/December/2020 | 14:38

Rise in Industrial Investments

EghtesadOnline: Atotal of 3.13 quadrillion rials ($12.06 billion) worth of investments have been made in industrial units with establishment permits during the eight months of the current Iran ian year (March 20-Nov. 20), registering an increase of 48.6% compared with the similar period of last year.
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Publish Date:26/December/2020 | 14:29

89 Rail Projects Come on Stream

EghtesadOnline: Atotal of 89 rail projects worth 2.77 trillion rials ($10.73 million) were recently inaugurated across the country, during a ceremony attended by Minister of Rroads and Urban Development Mohammad Eslami and CEO of the Islamic Republic of Iran Railways Saeed Rasouli.
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Publish Date:26/December/2020 | 14:28

CBI Funding Vaccine Import

EghtesadOnline: The Central Bank of Iran said it has found a way to pay for the import of Covid-19 vaccine after previous efforts failed.
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Publish Date:26/December/2020 | 14:20

Iran 's Non-Oil Foreign Trade Hit $52b

EghtesadOnline: Iran ’s non-oil foreign trade stood at 110 million tons worth $52 billion during the nine months ending Dec. 20.
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Publish Date:26/December/2020 | 14:16

Vacancy Tax Becomes Law

EghtesadOnline: The Guardians Council–a watchdog that ensures laws are in line with the Iran ian Constitution and Islamic law—has approved the parliament’s bill on revisions to Article 54 of Direct Tax Code, i.e., vacancy tax.
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Publish Date:19/December/2020 | 17:04

Orchards Expected to Yield 24.7m Tons

EghtesadOnline: Atotal of 24.7 million tons of horticultural products are expected to be produced in Iran ’s orchards in the current Iran ian year (March 2020-21), more than 11.5 million tons of which will be cold climate fruits and nuts, according to an official with the Agriculture Ministry.
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Publish Date:15/December/2020 | 15:33

Iran 's H1 Economic Growth Positive

EghtesadOnline: Iran ’s economic growth (using 2011 as the base year) turned from negative to positive in the first half of the current fiscal year (March 20-Sept. 21), the governor of the Central Bank of Iran , Abdolnasser Hemmati, wrote in an Instagram post.
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Publish Date:15/December/2020 | 15:10

Iran -Afghanistan Strategic Plan to Be Finalized Soon

EghtesadOnline: Deputy Foreign Minister for Political Affairs Abbas Araqchi, who is in Kabul for top-level consultations, said the Iran -Afghanistan strategic plan will be finalized soon.
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Publish Date:14/December/2020 | 17:07

Insurers Want to Know Where Gov’t Spends Their Tax Money

EghtesadOnline: Iran Insurers’ Syndicate has called on the government to release details about how third-party auto insurance tax revenue is spent. The syndicate has strongly opposed imposing higher taxes on insurance companies.
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Publish Date:14/December/2020 | 17:00

Average Home Price at $584 per sqm

EghtesadOnline: The average price of each square meter of a residential property in Iran stood at 152 million rials ($584) in the month ending Nov. 20, says Mahmoud Mahmoudzadeh, the head of Housing Department of the Ministry of Roads and Urban Development.
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Publish Date:14/December/2020 | 16:58