Iran government
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Economy min.:
Strong Iran results of strong government, parliament coop.
Iran’s Economy Minister Ehsan Khandouzi said that the future path of a strong Iran is through the convergence of a strong government and a strong parliament.
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Iranian Government Pulling Cellphone Market Out of Disarray
EghtesadOnline: In a move aimed at soothing the disheveled Iranian mobile phone market, the government of President Hassan Rouhani has sped up the release of handsets from customs warehouses…
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Iran Gov’t Moves Closer to Market Economy
EghtesadOnline: The government has eased foreign exchange rules and allowed money exchangers to resume work at open market rates, as part of the latest rescue package intended to calm the volatile…
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Iranian Government Earnings From Cellphone Imports Jump by 194%
EghtesadOnline: T he implementation of the Mobile Phone Registry Scheme, in line with e-governance policies, as well as a means to curb the smuggling of cellphones, has generated three times…
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Iran Government to Expand Secondary Forex Market
EghtesadOnline: As the negative consequences of the government’s policy in enacting a single exchange rate for the US dollar are becoming clearer, report from local media suggest that the government…
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Government Buying Wheat to Build Up Strategic Reserve
EghtesadOnline: More than 6 million tons of wheat worth 78 trillion rials ($1.8 billion) have been purchased from local farmers since the beginning of the current harvest season to shore up the…
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Private Sector Lawsuit Against State Power Cuts
EghtesadOnline: The private sector will file a complaint against the government for the repeated power outages of recent weeks, the deputy head of Industries, Mines and Trade House of Iran said.
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Iran Government Rolls Out Measures to Regulate Cellphone Market
EghtesadOnline: During the recent weeks, the prices of mobile phones have gone on a bullish run in Iran’s technology market. The exorbitantly high prices have enraged buyers and disrupted business.…
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$23b of Gov’t Debt Clearance in Multilateral Swap Scheme
EghtesadOnline: The government and the Central Bank of Iran have made good progress and will soon implement a previously-announced and much-anticipated multilateral debt swap agreement that will…
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Markets in Iran Positive as Gov’t Allows Forex Open Market Trading
EghteasadOnline: The government has finally consented to allow open market exchange rates for certain import transactions and markets reacted positively to the news, as the bull run in the foreign…
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Iran Gov’t Rolls Out Long List of Banned Imports
EghtesadOnline: The government has banned the import of 1,339 commodities categorized as “non-essential goods with domestic counterparts”.
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Iran's 2nd Real-Estate Investment Trust Launched
EghtesaadOnline: The Iranian government on Saturday inaugurated the country’s second real-estate investment trust (REIT) called Narvan in Tehran through the Maskan Investment Group, the parent…
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Iran Gov’t Mulling Creation of Forex Open Market
EghtesadOnline: The government has agreed to consider a business community proposal to recognize a "secondary" foreign exchange market where rates are determined by supply-demand mechanism.
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Iran Gov’t to Curtail Imports in Support of Local Production
EghtesadOnline: On the order of the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei regarding the need to support domestic products, the government is preparing a list of goods, the…
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Gov’t Limits Forex Supply to Importers
EghtesadOnline: The government has curbed the allocation of foreign currency for the import of some commodities and appears set to launch a revised currency policy, Mehr News Agency cited an…
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Rejecting Direct Intervention, Government Taps Education
EghtesadOnline: President Hassan Rouhani's administration has no intention to interfere in the activities of Iranian startups or impose its will on the sector since authorities are of the opinion…
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$10.6b for Renovating Decrepit Road Transport Fleet
EghtesadOnline: The government will invest $10.66 billion on the renovation and replacement of decrepit intra- and inter-city transportation fleet.
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New Grants for Quake-Hit Kermanshah
EghtesadOnline: The government will grant 10 billion rials ($238,095) to those who suffered spinal cord injuries during the earthquake of western Iranian Kermanshah Province, the head of Management…
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Iran Gov’t Arrears Under Radar of PBO, Economy Ministry
EghtesadOnline: The government has launched two offices to monitor and manage its piles of debts, a deputy at Plan and Budget Organization said.
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Gov’t Moves to Slap Tariffs on Unprocessed Mineral Exports
EghtesadOnline: There seems to be no end in sight to the showdown between the government and miners over unprocessed mineral exports.
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Tehran Chamber of Commerce Sends Forex Proposals to Gov’t
EghtesadOnline: Tehran Chamber of Commerce, Industries, Mines and Agriculture has sent a letter to President Hassan Rouhani, urging his administration to consider four private sector proposals…
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Government to Invest Over $500m in Khorasan Razavi
EghtesadOnline: The government will invest 21,510 billion rials ($512.14 million) in Khorasan Razavi Province in northeast Iran, the head of Management and Planning Organization, Mohammad Baqer…
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$92m Worth of Gov’t Debts to Be Cleared in Swap Deal
EghtesadOnline: The government has decided to clear over 4.45 trillion rials ($92.7 million) worth of its debts to contractors and companies through a debt swap deal with Iranian Privatization…
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Government’s Top 5 Creditors
EghtesadOnline: The Social Security Organization, Islamic Treasury Bill holders, the Central Bank of Iran, and public and private banks top the list of government creditors.
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NDFI Cap for Gov’t at $3.2b
EghtesadOnline: As part of their latest open session on Sunday to discuss the fiscal 2018-19 budget bill, members of parliament designated the areas where resources from the National Development…
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New Equity-Based Sukuk Makes Debut in Iran
EghtesadOnline: The government is set to clear part of its debt to Social Security Organization by issuing up to 50 trillion rials ($1.1 billion) of debt securities, the first batch of which…
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Iran Gov’t to Issue Bonds Worth $222m for Roads Ministry
EghtesadOnline: The Economic Council agreed on Monday that the government issue 10 trillion rials (about $222 million) worth of bonds for purchasing new airplanes and maintaining the country’s…
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Iran Government Piecemeal Auto Policies Gets a Drubbing
EghtesadOnline: Two legislators, Asadollah Qarekhani and Vali Maleki, have censured the government’s automotive policies, hammering the Ministry of Industries, Mining and Trade for policies that…
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Iranian Government Says New Car Import Rules are Retroactive
EghtesadOnline: The government has finally allowed the clearance of imported cars rotting in the customs. It issued a long-awaited directive outlining conditions under which the cars can be released…
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Gov't Looks to Boost Fintechs, E-Banking
EghtesadOnline: The Iranian government is increasingly paying more attention to expansion of new financial instruments, mainly through supporting fintechs and developing electronic banking.