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$6.4b Worth of Gov’t Bonds Issued This Year

EghtesadOnline: The government has issued over 300 trillion rials ($6.4 billion) worth of debt securities so far in the current fiscal year (started March 21, 2017), Chairman of Islamic Republic of Iran Debt Management Organization Mehdi Banani announced.
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Publish Date:18/February/2018 | 07:57

Iran Gov't Prepares Forex Package as Market Finds Respite

EghtesadOnline: As the fallout from the forex market volatility continued into Wednesday, the Cabinet approved a package by the Central Bank of Iran to stabilize the market and push speculators into a legal framework.
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Publish Date:15/February/2018 | 08:57

Private Sector Help Needed in Water Projects

EghtesadOnline: The government has allocated $1.2 billion to water management schemes in the five past years, a majority of which have been planned in collaboration with the private sector, data released by the Ministry of Energy showed.
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Publish Date:13/February/2018 | 08:10

Gov’t Still Pursuing Forex Rate Unification

EghtesadOnline: The government’s longstanding plan to unify Iran’s dual foreign exchange rate regime has faced several barriers, but a deputy economy minister said the plan is well and alive.
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Publish Date:03/February/2018 | 07:20

Forex Rate Unification in Iran Put Off by Bullish Dollar

EghtesadOnline: With too many irons in the fire, the government and the Central Bank of Iran do not seem to be in the mood for making tough decisions, especially in the foreign exchange market.
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Publish Date:31/December/2017 | 10:40

CI: Gov't Arrear Repayment to Invigorate Iranian Banks

EghtesadOnline: In its latest analysis of the Iranian banking sector, Capital Intelligence, the international ratings agency, noted that the repayment of government arrears to banks and the private sector is an urgent priority for Iranian banks to lift their weak capital adequacy ratios and allow their financing capacity to improve.
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Publish Date:20/December/2017 | 07:12

Gov’t Spending Tops Revenues

EghtesadOnline: Iran’s budget deficit came in wider than expected in the first seven months of the current fiscal year (March 21-Oct. 22) to reach 223.9 trillion rials ($5.3 billion), according to the Central Bank of Iran's latest report.
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Publish Date:19/December/2017 | 05:34

Gov’t Denies Borrowing From CBI

EghtesadOnline: The administration of President Hassan Rouhani in its two terms has not borrowed anything from the Central Bank of Iran, the Ministry of Economic and Finance Affairs announced in a statement.
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Publish Date:28/November/2017 | 09:43

Government Proposes Trilateral Debt Swap

EghtesadOnline: The government has proposed a trilateral swap deal among the state, private contractors and banks to help ease its debt burden.
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Publish Date:20/November/2017 | 06:56

Gov’t, TM to Build 55,000 Houses in Old Districts

EghtesadOnline: The Iranian government and Tehran Municipality are assessing regulations of their joint project to build 55,000 residential units in Tehran’s distressed areas under the moniker “Pishgam Housing Plan”.
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Publish Date:12/November/2017 | 05:33

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

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

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

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