More than two months after his inauguration as Iran's new hardline President, Ebrahim Raisi (Raeesi) has completed the setup of his key economic team.
Iran’s President Ebrahim Raisi has ordered all ministries and agencies to coordinate efforts in “neutralizing” US sanctions and defending the national currency.
A roundtable discussion in Tehran has revealed two different visions about the economic future of Iran - improved ties with the world or reliance on the East.
A member of the Iranian Parliament's has pulled back from an assertion that officials were in talks with Chinese companies over building affordable housing.
By the end of the current Iranian fiscal year, the government needs an additional $12 billion to balance its budget, with revenues falling short of projections.
Teachers in Iran held protest rallies in several cities to demand the passage of legislation that would guarantee higher pay amid skyrocketing inflation.
Iran is ready to swap oil with investments in the energy sector, oil minister Javad Owji told parliament on Sunday, as US sanctions prevent large-scale exports.
A report by Iran’s Central Bank (CBI) issued in August and made available in October shows an extraordinary growth in liquidity, which fuels high inflation.
German finance regulator BaFin said Friday it had banned a Hamburg-based branch of Bank Melli Iran from issuing loans citing infringement of transparency rules.
Iran’s deteriorating economic situation under heavy US sanctions have become a daily subject of discussion in the country, even in government-controlled media.