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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

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

Iran Carmakers Obliged to Offer 2-Year Guarantees

EghtesadOnline: Parliament passed a bill on Tuesday that obliges all local automakers and importers to provide a minimum two-year guarantee to people who buy their new cars.
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Publish Date:06/April/2017 | 18:13

Banking Reform High on Majlis Agenda

EghtesadOnline: Overhauling the laws and regulations of the country’s banking system would be one of the main priorities of Majlis Economic Commission during the current fiscal year that started on March 21, the head of the commission said.
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Publish Date:05/April/2017 | 09:56

Parliament Slashes Budget

EghtesadOnline: The parliament reduced the budget for the new Iranian year that starts on March 21 by 2.5 trillion rials ($67.6 million) as per the changes made by the Guardians Council—a state body charged with reviewing the bills passed by the parliament to ensure their compliance with Islamic and constitutional precepts, IRNA reported.
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Publish Date:15/March/2017 | 13:29

Majlis Think Tank Offers Solutions to End Data Discrepancy

EghtesadOnline: The research arm of the Iranian Parliament has called on two organizations in charge of publishing economic data to work more closely and form a joint committee to curb actions that could erode public trust.
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Publish Date:08/March/2017 | 15:54

Parliament Votes to Extend Value Added Tax Law

EghtesadOnline: Legislators on Sunday extended the enforcement of value added tax for the upcoming fiscal year (starting March 21) and dropped the newly-proposed article narrowing the tax base to the final consumer.
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Publish Date:07/March/2017 | 13:34

MPs Cap Executive Pay at $3,700 Per Month

EghtesadOnline: Members of the Iranian Parliament killed their newly-passed bill on executive salaries on Saturday and once again referred their original proposal to the Guardians Council.
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Publish Date:06/March/2017 | 16:07