economy
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Iran Parliament's Think Tank Has Misgivings About Scrapping USD
EghtesadOnline: The Majlis Research Center says a parliamentary bill wanting to scrap the US currency from Iran’s overseas transactions would further add to the already detrimental effects of…
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Iran to Take New Nuclear Steps Unless Europe Acts Fast
EghtesadOnline: Tehran may further reduce its compliance with the 2015 nuclear deal in two weeks, unless European governments move to save the agreement by shielding the Iranian economy from…
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Iran Startup Ecosystem at the Crossroads of Immigration
EghtesadOnline: With the Iranian economy in shambles and the shadow of war looming on the horizon, a large segment of the young workforce employed in the Iranian startup ecosystem is mulling…
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Majlis Research Center Posits Life Without Oil
EghtesadOnline: The Majlis Research Center has proposed a roadmap to help wean the economy away from oil revenues by making better use of the nation’s abilities and potential for raising income…
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IMF: Iran Inflation Could Reach 40 Percent This Year
EghtesadOnline: Iran’s economy is expected to shrink for the second consecutive year and inflation could reach 40%, an International Monetary Fund’s senior official said, as the country copes…
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Hemmati Sees Positive Side of Things
EghtesadOnline: The Governor of the Central Bank of Iran Abdolnasser Hemmati says by implementing the tenets of the Resistance Economy in the new fiscal year (started March 21), the country can…
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Call for Boosting Production in New Year
EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei has named the new Iranian year, which began on March 21, the year of "Boosting Production" to help shore up Iran's sanctions-…
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First Study Reveals Bigger Role for Iran Private Sector in Economy
EghtesadOnline: A study conducted by the Statistical Center of Iran has for the first time measured the share of the private sector in the national economy.
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Gov't Think Tank Sounds Alarm on Iran Industrial Growth
EghtesadOnline: The Institute for Trade Studies and Research, the research arm of the Ministry of Industries, Mining and Trade, has conducted a study of the industrial sector role in the economy…
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MPs Convinced by Zarif’s Answers on Diplomatic Efforts
EghtesadOnline: Foreign Minister Mohammad Javad Zarif managed to convince lawmakers on Monday that his ministry is effectively fulfilling its responsibilities in the area of foreign diplomacy…
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Iranian Banks Need to Boost Capital: MRC
EghtesadOnline: The Majlis Research Center has called on the government and monetary regulators to boost the capital buffers of banks to help them cope with recession that observers predict will…
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How Can Iran Economy Make Inroads Into Sports Industry
EghtesadOnline: How can Iran’s economy make big inroads into sports industry when 70% of people are merely speculators and give physical activity a wide berth? This was a question participants…
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Iran's Economy to Shrink, Before Ascending in 2020: World Bank
EghtesadOnline: Latest World Bank projections show Iran's gross domestic product will continue to contract in 2019, before reversing gear in 2020.
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Rouhani Raises Hope for Job Creation
EghtesadOnline: President Hassan Rouhani on Wednesday struck an upbeat tone on the economy saying employment for the first time reached close to 24 million in the third quarter to November 22.
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Bankers, Traders Discuss Ways to Fight Sanctions
EghtesadOnline: Iranian banks have again found themselves at the center of US efforts to exert maximum pressure on the economy two weeks after the Trump administration slapped its second round…
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Iran: New Ministers Mandated to Help Revitalize Economy
EghtesadOnline: President Hassan Rouhani on Sunday issued separate decrees appointing new economy, cooperatives, industries and roads ministers in a reshuffle aimed at mustering support for major…
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Economist Urges Government to Reconsider Inflationary Policies
EghtesadOnline: Iranian policymakers seem to think that moderate rates of inflation make the economy perform better.
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SCI Puts Iran's Q1 Growth at 1.7%
EghtesadOnline: Iran's economy grew 1.7% during the first quarter of the current fiscal year (March 21-June 21) compared with last year's corresponding period, the Statistical Center of Iran…
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A Critical Overview of Economic Mechanisms
EghtesadOnline: Iran’s economy is on the brink of experiencing a crisis, if not already. What got us here? Farhad Nili, the representative of the Central Bank of Iran to the World Bank, believes…
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Parliamentary Think Tank: Iran’s Economy to Contract
EghtesadOnline: The research arm of the Iranian Parliament expects the economy, as measured by the gross domestic product, to contract between 0.5% and 2.8% by the end of the current fiscal year…