government
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Government Against Internet Restriction: ICT Ministry
EghtesadOnline: The government’s policy is not to restrict access to the internet, the minister of information and communications technologies said in his first press conference on Dec. 18.
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Gov’t Wants to Sell 2,500 Surplus Assets
EghtesadOnline: The Economy Ministry has prepared an inventory of 2,500 properties owned by different government organizations that have no legal constraints vis-à-vis divestments.
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Forex Subsidy Policy Stays, for Now
EghtesadOnline: The government's plan to eliminate forex subsidies will not be implemented this month despite insistence from several quarters.
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Gov’t to End Subsides for Medicine Import
EghtesadOnline: The government will put on end to paying subsidized foreign currency to import pharmaceuticals, the health minister said.
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Iran Gov’t to Run $16.7b Budget Deficit in Fiscal 2021-22
EghtesadOnline: The budget deficit is on course to reach 4,640 trillion rials ($16.79 billion) in the fiscal 2021-22 while the government is also facing an unfunded deficit of roughly 30%, or…
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Tax Revenues Jump 169% YOY to Top $3 Billion in Four Months
EghtesadOnline: The government earned 852,000 billion rials ($3.15 billion) in tax revenues during the four months to July 22, which account for 93% of the sum predicted in the budget for the…
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Iran Government Rolls Out Security Deposit Loans
EghtesadOnline: Tenancy agreements signed from September 2020-21 are eligible for security deposit loans, says Ali Qaedi, an official with the Ministry of Roads and Urban Development.
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An Unambiguous Message
EghtesadOnline: Private enterprise needs one unambiguous message: The incoming government is here to facilitate the works and will create an efficient, responsible and dynamic environment.
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Economist Outlines Prospective Priorities of New Government
EghtesadOnline: The economic priorities of the new government are: formation of its economic team and urgent actions, according to Ali Marvi, the director of Sharif Business Think Tank.
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Economist Urges New Gov’t to Address Super Challenges
EghtesadOnline: The new government needs to address super challenges, as the country will not be an oil exporter by the end of the next decade, says Vahid Shaqaqi-Shahri, an economist and university…
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Gov’t to Allocate $6b for Subsidized Essential Goods Import in H1 2021-22
EghtesadOnline: The government will allocate $6 billion to import essential goods at the subsidized rate of 42,000 rials per dollar in the first six months of the next Iranian year (starting…
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Entrepreneurs Honored at 5th Amin al-Zarb Awards
EghtesadOnline: The Amin al-Zarb Awards ceremony was held on Tuesday in a ceremony attended by entrepreneurs, business owners and government officials.
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Flights to/From 32 Countries Suspended
EghtesadOnline: The government has suspended flights to and from 32 high-risk countries with the aim of curbing the spread of the Covid-19 pandemic until further notice.
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MPs Finally Approve Outline of Fiscal 2021-22 Budget Bill
EghtesadOnline: Lawmakers finally approved the outlines of the fiscal 2021-22 budget revised by the government on Tuesday with 211 votes in favor and 28 against, while six MPs abstained from…
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Call for Reform in US Unconstructive Approach
EghtesadOnline: The new administration of the United States is adopting the same unlawful approaches of the previous government toward Iran, according to a senior diplomat who called for the…
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Gov't Weekly Bonds Sale at $120m
EghtesadOnline: The government sold bonds worth 30.7 trillion rials ($120.3 million) in the previous week during the bond auction held by the Central Bank of Iran.
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Bond Sale at 8-Week High
EghtesadOnline: The government sold 29.1 trillion rials ($121 million) in bonds at the weekly auction held by the Central Bank of Iran on Tuesday.
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Foundation Slams Gov’t Decision to Import 2.3m Tons of Wheat
EghtesadOnline: The government has decided to import about 2.3 million tons of wheat during the course of the current crop year (September 2020-21) to replenish its strategic reserves, according…
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Gov't to Sell Stake in Refineries to 3 Banks
EghtesadOnline: Residue shares of the government in four major refineries and some state-run companies are to be sold to three semi-private banks, it was decided at a Cabinet meeting in Tehran…
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Gov’t Striving to Counter Sanctions
EghtesadOnline: President Hassan Rouhani said the government is doing all in its power to neutralize unjust and illegal sanctions imposed on the country by the administration of outgoing US President…
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New Cash Payments for 40m Iranians
EghtesadOnline: The government and the parliament have agreed upon a plan based on which 40 million Iranians will receive financial support, Vice President for Economic Affairs Mohammad Nahavandian…
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Provincial Spending Package at $13.7b in New Fiscal Budget Bill
EghtesadOnline: The government has allocated 3,536 trillion rials ($13.7 billion) in the spending package for Iran’s 31 provinces as per the budget bill for the next fiscal year (March 2021-22),…
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Government Revenues Exceed Spending by $1.19 Billion
EghtesadOnline: Government revenues during the first eight months of the current fiscal year (March 20-Nov. 20) exceeded its spending by more than $1 billion.
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15% Rise in Cosmetic Import Duties
EghtesadOnline: The government has envisioned a 15% rise in customs duties on the import of cosmetics as per the budget bill for the next fiscal year (March 2021-22).
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Stake sale Big Part of Budget
EghtesadOnline: The government has projected higher earnings from selling shares in state-owned companies in the next fiscal budget (March 2021-22) compared to the current budget.
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Distressed Loans Restructured
EghtesadOnline: The government on Saturday extended the repayment deadline for troubled loans to the current fiscal yearend (March 19), the vice president for economic affairs said.
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Gov’t Buys 7% More Wheat From Local Farmers This Year
EghtesadOnline: The Government Trading Corporation has bought 8.22 million tons of wheat worth 207.8 trillion rials ($755 million) from local farmers across the country in the current fiscal…
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Government Tweaks Export Revenue Repatriation Rules
EghtesadOnline: The government on Wednesday again adjusted rules for the repatriation of non-oil export revenues that has long become a bone of contention.
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A Win for Private Power Producers
EghtesadOnline: As per a government directive the Iran Power Generation, Transmission and Distribution Management Company (Tavanir) will henceforth not be the sole buyer of electricity from private…
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Covid-19 Deaths Exceed 30,000
EghtesadOnline: Iran’s death toll from the coronavirus outbreak topped the 30,000 mark on Saturday, as the government extended lockdown disciplines in the capital Tehran to contain the viral…