TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), dropped 9,634 points to 1.233 million on Saturday, which is the first day of the Iranian calendar week. Over 1.459 billion securities worth 15.208 trillion rials (about $362 million) were traded at the TSE on Saturday. The first market’s index fell 8,752 points and the […]
TEHRAN – Iran’s Supreme Council for Economic Coordination has ratified a package of provisions to clarify the regulations and procedures regarding the re-injection of non-oil export revenues earned during the Iranian calendar years of 1397-1400 (March 2018-March 2022) into the country’s economy, an official with the Trade Promotion Organization (TPO) announced. According to Ehsan Ghamari, […]
TEHRAN – A total budget of 30 trillion rials (nearly $714 million at the official rate of 42,000 rials) has been allocated to create 60,000 jobs for the underprivileged individuals covered by the Welfare Organization, IRNA reported on Saturday. “Our commitment last year (March 2020-March 2021) was to facilitate the employment of 56,716 people, while […]
TEHRAN – The International Monetary Fund (IMF) has revised its estimate of Iran’s total gross official reserves to $115 billion, following the Central Bank of Iran (CBI)’s objection about the fund’s incorrect estimates of the mentioned index. Earlier this week, CBI Governor Abdolnasser Hemmati rejected as flawed and unverified IMF’s recent data which suggested that […]
TEHRAN – The Secretary of Iranian Free Zones High Council Hamidreza Mo’meni said the trade balance of the country’s free and special economic zones has been positive in the past two years despite the negative balance of the country’s foreign trade. Mo’meni made the remarks in a meeting with the deputies and managers of Imam […]
The professor of economics said: “The chicken market is a symbol of serious inefficiency in the field of policy-making and management of Iran’s economy, which can be called poultry management in the economy.” Student News Agency Economic Group, Chicken rows are one of the strangest rows since the end of last year and during Nowruz, […]
