Iran Economy News

Iran’s Budget Is Still in the Air

By Jubin Katiraie On 24 February, after nearly six months of budget scrutiny, the Iranian Parliament (Majlis) rejected the latest budget, which the Integration Commission...

Meaning of Iran’s Return to the FATF Blacklist 

By Pooya Stone  The decision to reinstate Iran on the Financial Action Task Force blacklist came after more than three years of warnings from FATF urging Iran to...

The Twin Sides of Iran’s Collapsing Economy

By Pooya Stone In the power struggle between Iran’s ruling factions to win more seats in the parliament, there is revealing widespread speculation about...

Samsung and LG’s Exit From the Iranian Market and Iran’s Turbulent Economy

By Pooya Stone LG and Samsung companies operating in the home appliance market have ended their work in Iran following the US sanctions. The...

Only One Step Remains Before Entering FATF Blacklist

By Jubin Katiraie This February is the last deadline for Iran to approve bills of the Financial Action Task Force (FATF). This intergovernmental organization has...

What Is the Inflation Rate on Iran’s Budget for 2020–2021?

By Pooya Stone The rise in the dollar and car prices and renewed orders to tighten price controls have raised concerns among many that...

Retirement Loans Fail to Bring Iran’s Pensioners Out of Poverty

By Jubin Katiraie Iran’s cabinet of ministers has recently adopted a regulation that obliges the Maskan Bank to pay for housing loans to retirees. Is...

Iran Burned Millions’ Worth of National Assets on Another Failed Satellite Launch

By Jubin Katiraie While the majority of Iranians suffer from widespread poverty and they must struggle hard to make ends meet, the Iranian government...

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U.S. Treasury Targets Khamenei-Linked Financial Network

The U.S. Department of the Treasury sanctioned Ali Ansari, an individual linked to a network of exchange houses and...

Sharp Increase in Bread Prices in Iran

For years in Iran, it was commonly said that even if people could no longer afford meat, chicken, dairy...

U.S. Officials Call for Iran’s Regime to Publicly Declare an End to Attacks on Ships in Strait of Hormuz

Reuters reported that senior U.S. officials said on Friday, July 10, that Washington has asked Iran's regime to formally...

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