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Parliament Impeaches Iran’s Economy Minister

Iranian Minister of Economic Affairs and Finance Abdolnaser Hemmati has appeared in the Parliament this morning, March 2, for an impeachment inquiry in the wake of devaluation of the national currency.
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Publish Date:02/March/2025 | 13:20

Sunni Parl. Faction urges countries to condemn Israeli crimes

The Sunni Faction of Iranian Parliament in a statement called on the world countries to denounce the criminal acts of the Zionist regime, saying that Israeli’s aggressive acts are contrary to the international laws and norms.
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Publish Date:27/October/2024 | 16:44

Iran Parliament Commission OKs Anti-Corruption Bill

EghtesadOnline: Parliamentarians have reviewed and passed a majority of articles concerning a bill that envisions the establishment of a new specialized organization for combating economic corruption.
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Publish Date:11/August/2018 | 06:04

Ban on Retiree Reemployment in State Bodies

EghtesadOnline: Members of the Iranian Parliament on Tuesday approved a motion to ban the reemployment of retirees in state organizations of executive branch.
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Publish Date:28/July/2018 | 10:40

Majlis Approves Plan to Combat Banking Sanctions

EghtesadOnline: Members of Iran’s Parliament have ratified a single-urgency plan containing seven articles that propose measures to nullify or weaken the impact of sanctions the US plans to reimpose on the country’s banking and financial sectors in August.
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Publish Date:14/July/2018 | 06:22

Iran Parliament Promises Bank Reform by Yearend

EghtesadOnline: The Majlis Economic Commission has put in motion three plans to improve the country’s economic conditions, all of which concern the ailing banking system and will materialize in a matter of months, the head of the commission said.
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Publish Date:01/July/2018 | 07:01

Majlis Forex Options Still on Agenda

EghtesadOnline: Chairman of Majlis Economic Commission said on Tuesday a parliamentary measure to manage the foreign exchange market is still on the agenda, but lawmakers are giving the government more time to see whether its measures will prove effective.
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Publish Date:26/May/2018 | 09:39

Iran Parliament Ratifies More AML Amendments

EghtesadOnline: Iran's Parliament in its latest open session on Tuesday continued to review the government-proposed amendments to the country's existing Anti-Money Laundering Law and ratified new measures, as the Financial Action Task Force's next plenary meeting draws nearer.
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Publish Date:19/May/2018 | 04:44

Iran Parliament Amends AML/CFT Laws to Satisfy FATF

EghtesadOnline: Iranian lawmakers on Tuesday came one step closer to fulfilling deficiencies in the country's action plan with the Financial Action Task Force, and passed amendment bills to the existing Law of Anti-Money Laundering and Law of Combating Financing of Terrorism.
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Publish Date:12/May/2018 | 10:55

Majlis Tentatively Backs Gov’t Forex Measures

EghtesadOnline: The Majlis Economic Commission said on Tuesday that it fundamentally agrees with the government's recent measures to control the foreign exchange market, although some of the executive decisions should be reconsidered.
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Publish Date:18/April/2018 | 07:44

Iran Parliament Briefed on Unified Forex Rates

EghtesadOnline: The Central Bank of Iran's Governor Valiollah Seif answered heated questions during an appearance in the latest open session of the parliament after the government announced late Monday that it has unified foreign exchange rates and the US dollar will be offered to all at 42,000 rials in response to the worst currency crisis hitting the country in more than five years.
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Publish Date:11/April/2018 | 05:30

MRC Backs Banking Reforms With a Caveat

EghtesadOnline: The research arm of Iran's Parliament has recommended that the lawmakers approve the government's bill to undertake long overdue reforms in the banking system, but only if it is combined with lawmakers' own version of reforms to compensate for its many shortcomings.
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Publish Date:13/March/2018 | 09:10

MPs Ratify Budget Financial Measures

EghtesadOnline: Members of Iran’s Parliament ratified a number of financial measures relating to bonds, finance and loans among other things during their latest open session on Tuesday to discuss the fiscal 2018-19 budget. Some of the measures were tweaked to comply with Islamic and constitutional precepts vetted by the Guardians Council.
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Publish Date:13/March/2018 | 07:50

NDFI Cap for Gov’t at $3.2b

EghtesadOnline: As part of their latest open session on Sunday to discuss the fiscal 2018-19 budget bill, members of parliament designated the areas where resources from the National Development Fund of Iran are allowed to be spent by the government.
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Publish Date:13/March/2018 | 06:41

Salary Rise Cap at 20%

EghtesadOnline: Members of parliament have set the highest increase in salaries for public sector employees in the next fiscal year (starting March 21) at 20%.
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Publish Date:25/February/2018 | 07:38

Time to Raise Taxes on Cigarette

EghtesadOnline: From a moral standpoint, policymakers should not prioritize the interests of powerful economic entities over public welfare. However, when it came to deciding the cigarette tax rates last week, the Iranian Parliament failed to adopt such a position.
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Publish Date:25/February/2018 | 07:32