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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

Gov’t Mounts Sustained Effort to Manage Assets

EghtesadOnline: Facing the prospect of a shortage of assets and a gaping budget, the government, in partnership with other entities, organized the first conference on managing public sector assets and increasing their productivity in Tehran on Sunday.
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Publish Date:23/October/2017 | 09:24

Banking Arrears of Iran Gov’t at $60b

EghtesadOnline: The government’s payment arrears to the country’s banking system in the month ending Aug. 22–which includes dues to central bank, state-run commercial and specialized banks as well as private lenders–exceeded 2.3 quadrillion rials ($60 billion), marking an increase of 16.7% year-on-year.
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Publish Date:16/October/2017 | 14:17

Iran Gov’t to Direct Investment Towards IT

EghtesadOnline: The Vice Presidency for Science and Technology has established a new task force called ‘ICT Committee’ to promote investment in information technology companies.
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Publish Date:15/October/2017 | 24:56

Gov’t to Earn $2.5b From Forex Revaluation

EghtesadOnline: While foreign currency rates, especially the US dollar, are gradually rising in the market, the government’s earnings from revaluation of the Central Bank of Iran’s forex resources also go up and according to the deputy head of Majlis Planning and Budget Commission, will reach up to $2.5 billion this year.
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Publish Date:11/September/2017 | 11:16

Gov’t Economic Approaches Erroneous

EghtesadOnline: Some of the decisions made by the newly-formed government of President Hassan Rouhani suggest that the officials are intent on pursuing the trial-and-error approaches that bled the economy dry for nearly half a century.
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Publish Date:11/September/2017 | 10:41

State Recruitment for 30,000 Jobs Scheduled

EghtesadOnline: The government plans to recruit 30,000 people in state-run executive bodies during the current Iranian year (started March 21).
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Publish Date:28/August/2017 | 09:56

Job Creation Tops New Government Agenda

EghtesadOnline: As 16 of the ministerial nominees proposed by President Hassan Rouhani got the parliamentary vote of confidence on Sunday, the president and his Cabinet know exactly what one of their biggest challenges in the new government is: creating sufficient new jobs to catch up on the backlog created in the previous administrations.
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Publish Date:22/August/2017 | 08:31

Gov’t to Deposit $15b of Oil Revenues

EghtesadOnline: In the current fiscal year, $15 billion from oil revenues will be deposited in the National Development Fund of Iran, the government spokesman announced.
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Publish Date:02/August/2017 | 10:27

No one can harm Iranian Armed Forces: Rouhani

EghtesadOnline: Iranian President Hassan Rouhani says the three branches of the government support the country’s Armed Forces and no one can harm them.
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Publish Date:31/July/2017 | 11:39

Gov’t Debts to Banking System Exceed $58b

EghtesadOnline: In the month ending April 20, the government's debts to the banking system, including the Central Bank of Iran, commercial, specialized and private banks, exceeded 2.2 quadrillion rials ($58.3 billion), marking an increase of 21.3% year-on-year.
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Publish Date:30/July/2017 | 07:47

Iran Gov’t Prioritizing Establishment of IoT Infrastructure

EghtesadOnline: Deputy Telecoms Minister Amir Hossein Davaie said establishing Internet of Things in the country requires clear rules and efficient infrastructure defined by the ministry, urging the necessity of the government’s involvement in the subject.
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Publish Date:12/July/2017 | 08:37

Gov't to Press On With Health Reforms

EghtesadOnline: President Hassan Rouhani has vowed to keep on track a national plan for major health reforms, despite a strained budget.
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Publish Date:12/July/2017 | 05:23

Iran Guaranteed $12b of FDI in 2016

EghtesadOnline: As the capital from unstable countries in the region is flowing into Iran, a deputy economy minister said the government guaranteed foreign investments worth $12 billion in 2016.
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Publish Date:09/July/2017 | 09:32

$8b in Loans Earmarked to Help Boost Iran Industries

EghtesadOnline: The government has allocated 300 trillion rials ($8 billion) in the current fiscal year (March 2017-18) to spur growth in Iran’s manufacturing sector, Industries, Mining and Trade Minister Mohammad Reza Nematzadeh said.
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Publish Date:02/July/2017 | 09:15

Iran Government Wants Reduced Footprint in Energy Industry

EghtesadOnline: Energy Minister Hamid Chitchian on Saturday called for incentives to encourage private investment in water and power projects in a bid to reduce the government footprint over the two key industries.
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Publish Date:11/June/2017 | 04:59

Iran Mining Sector Censures New Environmental Tax

EghtesadOnline: The government is set to oblige mine owners pay 1% of their revenues as tax to ameliorate the damage inflicted by their operations on the environment.
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Publish Date:31/May/2017 | 06:37

Gov't to Enforce Transparency in State Entities

EghtesadOnline: The two-year-old law requiring economic entities affiliated to non-departmental public bodies to make their financial statements transparent will be put into effect in the current Iranian month (started May 22), the chairman of Parliament Economic Commission announced.
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Publish Date:28/May/2017 | 05:39