2nd Phase of the Subsidies Law Heralds 25% Hike in Energy Prices Despite the public criticism of the implementation of the second phase of Iran’s lifting of some subsidies, president Hassan Rouhani recently emphasized that “There was no choice but to implement this second phase.” His first deputy echoed his message and announced that […]
Tag: economic
Rouhani Aide: Inflation will not be Contained Even in Four Years
“Statistics Continue to ConflictSince” last week’s nuclear agreement in Geneva hopes in Iran for the easing of economic pressure on the Iranian people have risen but a senior aide to President Hassan Rouhani dispelled such optimism and said that inflation could not be fully tackled in the next four years. This pessimism was aired […]
Former Iranian Minister Says New President To Inherit Economic Challenges
A former Iranian agriculture minister and current member of the advising committee helping Hassan Rohani select his cabinet has warned that the president-elect will inherit a blighted economy. When asked in an interview published in the June 9 issue of the daily “Ghanoon” about the health of the country’s agriculture sector, Issa Kalantari replies, […]
Fariborz Raisdana released from prison
Prominent economic analyst Fariborz Dana was released from prison. According to CHRR, Fariborz Raisdana, imprisoned economic analyst, former university professor and member of the Iranian Writers’ Association, was released on April 15th after serving his prison term. On December 21, 2010, Raisdana was arrested following his criticism of the “targeted subsidies initiative” calling it a […]
Parliament: Economic Growth Under 0.5 Percent
While Mahmoud Ahmadinejad’s administration has for years refrained from providing statistics on the state of Iran’s economy and the numbers published by the Statistical Center and the Central Bank on inflation, unemployment, GDP and other monthly or annual figures have been ruled unrealistic by Majlis deputies, economists and international organizations, […]
Iran’s rampant inflation called sixth-worst in world
Reports from The Centre for Research of the Islamic Parliament and news agencies inside Iran claim that, unlike many other countries in the world that have been able to curb their economic difficulties and their double-digit inflation, Iran is shouldering its worst inflation in the past 17 years with the […]
Economic hardship blamed for Iran’s mental illness epidemic
Ever-increasing food-prices and general economic hardship in Iran, with daily reports of gangs attacking people in broad daylight and grabbing their money and food, have led to a dramatic increase in mental illness.
Economic survey reveals Iran’s slowdown
Iranian Parliament’s research centre has announced that a survey of 98 economic organizations from across the country reveals that production at these organizations has fallen by 40 percent in the past year.
Iran fighting ‘smart economic war’: Ahmadinejad
Iran is engaged in a “smart economic war” with Western powers whose sanctions against its nuclear programme are hurting some Iranians, President Mahmoud Ahmadinejad said on Saturday.
Iranians desperate as dark economic clouds gather
TEHRAN, Feb 19 (Reuters) – Marjan Hamidi turned away from the butcher’s shop in a crowded area of Tehran’s sprawling bazaar. Her quest to buy reasonably priced groceries was not going well.