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Iran Parliament's Commission Approves CFT Measure

EghtesadOnline: Majlis National Security and Foreign Policy Commission on Tuesday approved Iran's accession to the International Convention for the Suppression of the Financing of Terrorism, clearing the biggest hurdle in the way of one of Iran's action plans set by the Financial Action Task Force.
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Publish Date:30/May/2018 | 07:20

Iran Parliament's Think Tank Outlines Plan to Improve Forex Situation

EghtesadOnline: Majlis Research Center, the parliamentary think tank, has released its first comprehensive report on the current foreign exchange market situation and the reasons it was gripped by wild gyrations in the final months of the previous fiscal year that ended in March and the following months.
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Publish Date:28/May/2018 | 06:31

Iran Parliament Mulls Forex Rescue Package

EghtesadOnline: With the US dollar's exchange rate remaining above the psychological threshold of 50,000 rials in Tehran's market, lawmakers frustrated with the performance of the Central Bank of Iran in managing the volatility are considering a roadmap of their own to restore calm to the market.
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Publish Date:08/April/2018 | 09:13

Renewed Efforts to Sideline US Dollar in Foreign Trade

EghtesadOnline: Months after a meeting between Iran’s Leader Ayatollah Seyyed Ali Khamenei and Russian President Vladimir Putin in Tehran spurred officials and lawmakers to sideline the US dollar in Iran’s international deals, members of parliament seem to be at it again.
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Publish Date:25/February/2018 | 07:13

Majlis Approves Budget

EghtesadOnline: Members of the Iranian Parliament agreed on a 12.17-quadrillion-rial ($269 billion) budget for the next Iranian year on Thursday with 148 votes in favor, 38 against and 3 abstentions.
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Publish Date:24/February/2018 | 09:38

Iran Parliament Sets Cap on Government Borrowing

EghtesadOnline: Iranian lawmakers set the ceiling on Sunday for government, ministries, universities and municipalities' bond issuance as part of the next year’s (March 2018-19) budget at an aggregate of 1.78 quadrillion rials (about $38.86 billion at current exchange rate).
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Publish Date:05/February/2018 | 14:41

Iranian MPs Approve Budget Financial Measures

EghtesadOnline: Members of parliament in their latest open session on Saturday reviewed the details of the fiscal 2018-19 budget law and approved measures concerning finance, government resources and bonds, among other things.
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Publish Date:04/February/2018 | 07:00

Iranian Lawmakers to Discuss Bitcoin

EghtesadOnline: Majlis Economic Commission is to hold a top-level multilateral meeting to discuss the fast-growing cryptocurrency Bitcoin in the coming days, the head of the parliamentary commission said.
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Publish Date:19/December/2017 | 05:32

MRC: No Currency Shock Till March

EghtesadOnline: The research arm of the Iranian Parliament has published a report on the status of the country’s foreign exchange market in the coming months, predicting a mostly stable environment by the end of current fiscal year (March 20, 2018).
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Publish Date:09/December/2017 | 07:39

Gov’t Notifies CFT Law

EghtesadOnline: The Iranian Cabinet has notified the Law on Combating Financing of Terrorism for implementation 20 months after the measure received the parliamentary approval.
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Publish Date:07/November/2017 | 06:32

MPs Eager to Sideline US Dollar

EghtesadOnline: The Iranian Parliament has now boosted efforts to sideline the US dollar in Iran’s international deals following recent remarks by Leader Ayatollah Seyyed Ali Khamenei who called for the American currency to be eliminated from the country’s foreign trade.
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Publish Date:06/November/2017 | 06:13

Iran: Top 3 Deciles to Be Cut From Cash Subsidy List

EghtesadOnline: The Iranian Parliament is determined to work in conjunction with the government to remove top three high-income deciles of Iranian households from the list of cash subsidy recipients in the budget law of the next fiscal year (March 2018-19), the head of Majlis Economic Commission said.
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Publish Date:05/November/2017 | 10:17

Majlis Think Tank: Iran Construction Sector to Grow After Long Slump

EghtesadOnline: The research arm of the Iranian Parliament has forecast a positive growth for the construction sector for the fiscal 2017-18 after a longstanding downturn took its toll on a sector deemed vital for the Iranian economy.
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Publish Date:24/October/2017 | 24:20