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Parliament Sets Up Special Banking Committee

EghtesadOnline: The Iranian Parliament has formed a special committee to address pressing economic issues facing the country, with a special focus on the banking system.
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Publish Date:25/June/2017 | 10:11

Call for Avoiding Hasty Bank Mergers

EghtesadOnline: A member of Majlis Economic Commission has cautioned against the hasty merger of banks, stressing that this alone cannot solve the problems of the sector.
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Publish Date:25/June/2017 | 10:10

NDFI to Funnel $1.5b Into Rural Development

EghtesadOnline: The parliament has approved a bill allowing the government to take out $1.5 billion from the National Development Fund of Iran for creating jobs in rural and nomadic areas in the current fiscal year (March 2017-18), legislator Gholamreza Kateb was quoted as saying by IRNA on Monday.
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Publish Date:20/June/2017 | 09:57

MPs Warn Oil-Based Economy Not Sustainable

EghtesadOnline: An economy held captive to the price of oil and largely dependent on crude export revenues is apparently not a functioning economy, two members of the Majlis Energy Commission said on Sunday.
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Publish Date:19/June/2017 | 05:01

Majlis Calls for Review of Shadow Banks

EghtesadOnline: Parliament Speaker Ali Larijani has called on Majlis Article 90 Commission, which handles complaints, to follow up the case of two credit institutions.
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Publish Date:11/June/2017 | 10:28

Economic Track Records of Successive Iranian Gov’ts

EghtesadOnline: The research arm of the Iranian Parliament has published a report detailing the economic performance of seven Iranian governments from March 1989-90 to March 2016-17.
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Publish Date:06/June/2017 | 11:42

MP: Iranian, Armenian parliaments can help boost economy

EghtesadOnline: Head of Majlis (parliament) economic commission Mohammad Reza Pour-Ibrahimi in a meeting with Armenian Ambassador to Iran Artashes Tomanian on Wednesday discussed economic relations and interactions between the two countries.
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Publish Date:03/June/2017 | 24:25

CBI, Parliament Working to Resolve Caspian Dilemma

EghtesadOnline: The Central Bank of Iran and the Iranian Parliament are working closely to resolve the issues surrounding the Caspian credit institution and the overall saga of shadow banks engulfing the informal money market.
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Publish Date:03/June/2017 | 08:12

Parliamentary Commission Supports Merger of Banks

EghtesadOnline: As the possibility of mergers in the Iranian banking system strengthens, a senior lawmaker has lent his support to the proposed measure, saying the move could help banks upgrade to international standards.
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Publish Date:30/May/2017 | 07:59

Banking Bill to Reach Parliament in Two Months

EghtesadOnline: The first major step to implement much-needed reforms in the Iranian banking sector is to be taken by the government in summer when it submits the Banking Reform Bill to the Parliament, the governor of the Central Bank of Iran said.
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Publish Date:20/May/2017 | 07:33

Think Tank Studies Impact of Throwing Money at Economy

EghtesadOnline: A 500,000-rial ($13.3) rise in cash subsidy payments for each Iranian will result in a 6.4% increase in consumer price index the following year, pushing up the inflation rate from 11.2% to 17.6% by the end of the current Iranian year (March 20, 2018).
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Publish Date:13/May/2017 | 09:21

Majlis Think-Tank Puts GDP Growth at 8.9%

EghtesadOnline: The research arm of the Iranian Parliament has revised up its former economic growth estimate for the last Iranian year (ended March 20, 2017) by 1.7%, saying the economy expanded by 8.9%.
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Publish Date:22/April/2017 | 08:12

Zanganeh Briefs Lawmakers on Relevance of Int'l Oil Contracts

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh told lawmakers on Sunday that signing contracts with international oil and gas majors will safeguard the landmark nuclear agreement with the world powers and reduce the risk of further economic restrictions.
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Publish Date:10/April/2017 | 05:25

Zanganeh Briefs Lawmakers on Relevance of Int'l Oil Contracts

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh told lawmakers on Sunday that signing contracts with international oil and gas majors will safeguard the landmark nuclear agreement with the world powers and reduce the risk of further economic restrictions.
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Publish Date:10/April/2017 | 05:25

World must act on US missile strikes in Syria: Iran MPs

EghtesadOnline: Iranian lawmakers say international bodies must take action on the recent US missile strikes against Syria, slamming the attack as a violation of the Arab country’s national sovereignty.
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Publish Date:09/April/2017 | 13:39