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Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin says the country will soon acquire quick access to $6.7 billion of its financial resources at the International Monetary Fund (IMF).
An Iranian lawmaker has criticized the President Ebrahim Raisi administration’s “incompetence” for failing to contain high inflation.
Official figures show the volume of Iran’s foreign trade witnessed a 17-percent hike in the first month of the current Persian calendar year, with China and the United Arab Emirates (UAE) topping the list of the country’s trade partners.
The head of the Central Bank of Iran says the country is determined to help realize de-dollarization in international transactions, describing the approach as a “strategic policy” for the Islamic Republic.
An Iranian daily highlights the figures released by the Statistical Center showing that the inflation rate in the country sets a new record high to reach 45.8% in March.
Iran has inaugurated Phase 14 of the South Pars Gas Field in the Persian Gulf during a ceremony attended by President Ebrahim Raisi.
An Iranian member of parliament has issued a stark warning about the rising inflation in the country. Kazem Delkhosh Abatari said people are becoming weaker and weaker as a result of soaring prices.
An outspoken Iranian daily accuses China of giving empty promises to Tehran in bilateral deals on trade cooperation, urging Iranian officials not to pin their hopes on Beijing in their efforts to improve the country’s economic situation.
An economic expert highlights a significant rise in Iran’s inflation under President Ebrahim Raisi, saying the first 10 months of the current Persian calendar year marked the peak of the country’s inflation in over seven decades.
Iran’s Customs Administration says the ten month exports of non-oil products in the country has hit 45.3 billion dollars, which is a 17.66 percent rise in terms of value compared to the same period of the previous year.