Economy

1. Oil Minister Bijan Namdar Zangeneh: The US dream of reducing Iran’s oil exports to zero will not come true. (IRNA) 2. Turkish Foreign Minister Mevlut Cavusoglu: Turkey is looking into…

1. Mohammad Reza Pourebrahimi, chairman of Majlis Economic Commission: With the current inflationary trend, dropping four zeros from the  rial would be appropriate. (IRIB News)

A report released by the Iranian Legal Medicine Organization shows the number of deaths caused by car accidents witnessed a 0.4% year-on-year rise in the 10 months ending Jan. 20.

During…

1. Minister of Roads and Urban Development Mohammad Eslami: Flood-stricken Iranians need more than 55,000 homes. (Hibna) 2. Deputy Roads Minister Kheirollah Khademi: Flooding in Iran has caused…

The World Bank has downgraded Iran's economic growth estimates and forecasts in a new report. The report entitled "Reforms and External Imbalances: The Labor-Productivity Connection in MENA (…

1. Foreign Minister Mohammed Javad Zarif: A year after the US unlawful abrogation of the Joint Comprehensive Plan of Action [the formal name of the nuclear deal Iran signed with six world powers…

1. President Hassan Rouhani: Iran is ready to increase energy exports to Iraq. (Fars News Agency) 2. First Vice President Es'haq Jahangiri: US sanctions have failed to harm Iran's metal…

1. President Hassan Rouhani: Iran's economy would have been less affected by sanctions if it was in the hands of the private sector. (Dolat.ir) 2. Oil Minister Bijan Namdar Zanganeh: Iranian…

1. Azerbaijan's Economy Minister Shahin Mustafayev: Iran-Azerbaijan trade increased by 74% in 2018 to stand at $450 million. (HIBNA)

1. President Hassan Rouhani: The US unilateral sanctions against Tehran have helped Iran, as the pressures push the nation to work harder and replicate embargoed products and items. (Fars News…

1. Russia’s Deputy Foreign Minister Sergey Ryabkov: The upcoming launch of INSTEX, the European mechanism of foreign trade settlements aimed at facilitating trade with Iran bypassing American…

Foreign Minister Mohammed Javad Zarif: Iran welcomes INSTEX—a long overdue 1st step—in E3 implementation of May 2018 commitments to save JCPOA by ensuring dividends for Iranians after US’…

Winners of the Nourbakhsh Banking Innovation Awards were announced during the closing ceremony of the Sixth Conference on E-Banking and Payment Systems in Tehran on Tuesday.

Mohsen…

1. President Hassan Rouhani: Today Iran is facing the biggest pressure and economic sanctions in the past 40 years. (Fars News Agency) 2. Deputy Foreign Minister Abbas Araqchi: The special…

Iran gained a higher score in the American think tank Heritage Foundation’s 2018 Index of Economic Freedom.  

Minister of Industries, Mining and Trade Reza Rahmani: Iran accounts for 62% of the Middle East’s steel output. (IRNA)

President Hassan Rouhani has sounded the alarm on the worsening water crisis saying his administration invested  $11.5 billion in the water sector after he took office in 2013. 

Secretary of Supreme National Security Council, Ali Shamkhani: The economic war the US has waged against the Islamic Republic is Iran's most pressing issue today. (IRNA)

Governor of the Central Bank of Iran, Abdolnasser Hemmati: Iran has launched mutual financial channels with a number of world states for money transactions to confront the US sanctions. (Fars…

President Hassan Rouhani: The US withdrawal from JCPOA and reinstatement of sanctions against the Islamic Republic of Iran are undoubtedly a clear instance of 'economic terrorism'. (Fars News…

Ambassador of the Islamic Republic of Iran to the Russian Federation Mehdi Sanai: The past nine months have seen Iran’s exports to Russia increase by 42%. The two nations’ overall trade has…

Iran's global ranking in terms of ease of doing business declined in the latest 2019 report published by the World Bank.  A prominent Iranian business representative says it will drop…

Switzerland is holding talks with the United States and Iran about launching a humanitarian payment channel to help ensure food and drugs keep flowing to the Islamic Republic amid tightened US…

The ban placed by Afghanistan as of Sept. 16 on the import of Iranian oil products, cement, steel products, tiles and ceramics through Farah border crossing has been officially lifted.