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Currency Change Requires Majlis OK

EghtesadOnline: The Central Bank of Iran on Tuesday announced that the government’s proposal for changing the currency unit needs to be passed by the parliament.
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Publish Date:26/July/2017 | 09:33

Think Tank Presents Economic Proposals to Foreign Ministry

EghtesadOnline: Majlis Research Center has put forth eight proposals for the consideration of Foreign Ministry, including one for the revival of the economic department in the country’s diplomatic apparatus.
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Publish Date:15/July/2017 | 11:48

Majlis Discusses Shadow Banks

EghtesadOnline: Lawmakers on Tuesday had a closed-door meeting with the Governor of Central Bank of Iran Valiollah Seif, as the regulator’s actions had become a talking point in the controversy surrounding unlicensed credit and financial institutions.
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Publish Date:12/July/2017 | 07:51

MPO in Charge of Rural Employment Scheme

EghtesadOnline: The Iranian Parliament, apparently heeding the warnings of its research arm, on Sunday approved a measure requiring the Management and Planning Organization to establish a comprehensive online system to supervise a recent loan scheme by the country's sovereign wealth fund.
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Publish Date:10/July/2017 | 05:55

Parliament Getting Tougher on Shadow Banks

EghtesadOnline: As the heated case of uncertified credit institutions drags on, the parliament has given the Central Bank of Iran until March 2018 to wrap up the case.
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Publish Date:09/July/2017 | 07:46

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