The Governor of the Central Bank of Iran said he has asked the International Monetary Fund for a $5 billion loan that would help the country deal with the outbreak of COVID-19, saying the IMF’s response will be a litmus test for claims about relief aid for containing the disease.
News ID: 8708 Publish Date : 2020/03/12
Iranian parliament’s ad hoc budget review committee has released the revised version of the administration’s budget bill for the next Iranian calendar year (starting March 20), after the Leader of Islamic Revolution Ayatollah Ali Khamenei approved the parliament’s request for taking necessary actions on the matter.
News ID: 8637 Publish Date : 2020/03/05
Iranian parliament’s ad hoc budget review committee has passed a bill to allow withdrawing €2.795 billion from the National Development Fund (NDF) for compensating the next calendar year’s budget deficits.
News ID: 8635 Publish Date : 2020/03/04
Iranian parliament’s ad hoc budget review committee submitted its report on the administration’s budget bill for the next Iranian calendar year (starting March 20) to the parliament (Majlis), IRNA reported on Sunday.
News ID: 8628 Publish Date : 2020/03/03
Opec+ is discussing cutting as much as 1mn b/d from current oil production quotas, which could take the group's total cuts to 3.1mn b/d below October 2018 levels, sources say.
News ID: 8574 Publish Date : 2020/03/04
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that his country is skeptical about a US decision to allow a Swiss financial channel for importing food and medicine amidst coronavirus outbreak in the Middle East, adding that its practicality must be verified in action.
News ID: 8546 Publish Date : 2020/03/03
Chinese steel producers' profit margins fell sharply last month as the coronavirus outbreak stalled demand and disrupted feedstock supplies to lift costs.
News ID: 8533 Publish Date : 2020/03/02
Around 96pc of China's major steelmakers and about two thirds of the entire industry is operational, but smaller mills and electric-arc furnace (EAF) producers face acute disruptions amid the coronavirus outbreak, government and industry bodies said.
News ID: 8474 Publish Date : 2020/02/24
Iran has approved two Afghan banks to open branches in its southeastern strategic port of Chabahar, ILNA reported quoting the Secretary General of Iran-Afghanistan Joint Chamber of Commerce Mozafar Alikhani.
News ID: 8471 Publish Date : 2020/02/21
The latest report published by the Central Bank of Iran (CBI) puts the country’s foreign debt at $9.053 billion at the end of the ninth Iranian calendar month of Azar (December 21, 2019), down from $9.339 billion at the end of the last Iranian year.
News ID: 8444 Publish Date : 2020/02/15
Iran’s liquidity has grown by 28% in the first 10 months of the current Iranian calendar year (March 21, 2019-January 20, 2020), according to the Finance and Economic Affairs Minister Farhad Dejpasand.
News ID: 8434 Publish Date : 2020/02/12
The governor of the Central Bank of Iran (CBI) said CBI’s major economic indicators show that the economy is emerging from a recession that began nearly two years ago when the United States imposed sanctions on Tehran.
News ID: 8430 Publish Date : 2020/02/12
Iran’s domestic Forex Management Integrated System (locally known as NIMA) has supplied over €25 billion for imports of goods and services since it was launched in April 2018 up to February 1, 2020, IRNA reported.
News ID: 8390 Publish Date : 2020/02/04
For European businesses, it is a period of high uncertainty in Iran. No one can envy the challenges of decision-making facing their CEOs.
News ID: 8279 Publish Date : 2020/01/10
Iranian factories and manufacturers which were reliant on parts and intermediary products for their production are now either producing their needs themselves or buying them from their compatriot partners, Deputy Head of Iran Trade Development Organization Farhad Nouri said, adding that this the plus point of US’ unilateral sanctions.
News ID: 8182 Publish Date : 2020/01/01
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced that his country’s petrochemical sector will witness a significant growth with a huge investment of up to $3.7 billion by People's Bank of China.
News ID: 8165 Publish Date : 2019/12/31
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced that Iran could manage to register positive growth in the first half of the current Iranian year (March 21- September 22, 2019).
News ID: 7984 Publish Date : 2019/12/17
South Korea is in talks with the United States over Iran’s call for Seoul to resume exports of humanitarian goods to Tehran, a report said.
News ID: 7955 Publish Date : 2019/12/14
Trade tensions, weaker investment and rising inflation have further weighed on the economic outlook for Asia-Pacific over the past three months, the Asian Development Bank (ADB) said.
News ID: 7909 Publish Date : 2019/12/11
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that the recent fluctuation in the foreign exchange market in the country is temporary, adding that some elements have contributed to a speculative surge in demand, including some foreign-backed networks which are trying to instill fear in the market.
News ID: 7889 Publish Date : 2019/12/10
