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23 Mar 22
The Iranian finance minister has promised to cut spending and reform government institutions in order to foster better financial discipline, in a country whose economy has been beaten by sanctions.
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8 Jan 21
Honorary CIPFA member and former head of the NAO’s International Relations and Technical Cooperation programme David Goldsworthy writes in response to a recent article, setting out that Iran must...
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5 Jan 21
Poverty in Iran could almost treble during the pandemic, the World Bank has said in its latest report into the Middle Eastern country’s economy.
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16 Apr 19
With flood warnings still in place over most of the country, Iran’s supreme leader has authorised allocating $2bn from the country’s sovereign wealth fund to pay for relief.
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30 Jan 19
Iran is facing its biggest economic pressures for 40 years in the face of US sanctions, the country’s president has said.
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25 Apr 18
Iran has banned its domestic banks from dealing in cryptocurrencies due to money-laundering concerns, the country’s news agency IRNA said on Sunday.
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2 Jan 18
The Iranian police have arrested more than 450 protesters in Tehran amid anti-government demonstrations triggered by a weakened economy and corruption concerns.
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24 Aug 17
The World Bank has denied reports that it was financing a €1bn project to electrify a railway in Iran.
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17 May 16
With the lifting of international sanctions, there are many potential benefits for Iran’s economy. However, the country’s leaders also face new fiscal challenges in the years ahead
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16 Feb 16
Iranian hotels will benefit from tax breaks for up to 10 years as part of efforts to stimulate the country’s tourism industry following the lifting of sanctions.
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11 Feb 16
Iran’s development bank for industries and mining has signed its first post-sanctions financing agreement with India’s Export-Import Bank to develop Iran’s railways.
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18 Jan 16
International sanctions on Iran were lifted over the weekend after the United Nations nuclear watchdog confirmed the country had complied with obligations under the US-led nuclear accord, agreed last...
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12 Aug 15
The lifting of economic sanctions on Iran in exchange for guarantees that the country will not develop nuclear weapons will, if managed well, lower oil prices and expand the economy, the World Bank...