Tag: Economy of Iran

After nearly a decade of chronic anemia, the Iranian economy appears to be in recovery. That, at least, is the headline from the latest World Bank report on Iran. “After exiting a two-year recession in

Iran needs $400 billion in investments if it is to save itself and its exhausted, oil-dependent economy in the next few years, an economist in Tehran has said.

The Chairman of the Tehran Chamber of Commerce, Mohammad Khansari, has stated that the total volume of exports of technical and engineering products has dropped from $6 billion to $200 million over the past few years alone.

Mining has been one of the world’s most critical industries that have existed for thousands of years. Between 20,000 and 40,000 years ago is when the first people began mining the earth for precious minerals

Over the past years Iran’s incurable crises have led to increased protests, and every new year the regime is facing new social crises.

The Iranian authorities have given the go-ahead for companies in that country to make international payments with bitcoin (BTC) and other cryptocurrencies.

The Taliban-led government in Afghanistan sent its foreign minister to Iran on January 8 to discuss Afghan refugees and a growing economic crisis.

Iran’s parliament approved the broad outline of the budget on Sunday with a significant number voting against the bill that would raise taxes and cut subsidies.

With the Iranian economy practically decimated, Iran’s major woes, as a result, are the low production rates, and high unemployment levels. With the country’s 2022-2023 budget announced last month, it appears that this has completed neglected both factors.