December 2023
Surge in Prices of Traditional Yalda Night Items; People Turn to 'Single' Purchases
Prices for traditional items for Yalda Night in Iran have surged dramatically, leading families to purchase items individually rather than by weight. Economists attribute this…
A Trade Official: Inflationary Recession in Iran Has Led to the Closure of Laptop Stores
The head of the Computer Technologists Union in Iran reports that the inflationary recession has led to the closure of laptop stores and a retreat…
General Budget for 2024 Rejected in Parliament
The Iranian Parliament rejected the proposed 2024 national budget, citing ambiguities and concerns over tax increases. The government has a week to revise and resubmit…
A Member of Parliament: Cash Subsidy Should Be Increased to 2-3 Million Tomans
A member of the Iranian parliament has proposed increasing cash subsidies to 2-3 million tomans amid significant criticism of the upcoming budget, particularly regarding tax…
Warning from the Head of Tehran Chamber: Currency Imbalance Will Increase to 17 Billion Dollars
The head of Tehran Chamber of Commerce warns that the trade imbalance in Iran is expected to rise significantly due to government currency policies affecting…
Beginning of Fuel Changes; Fuel Ration for Uninsured Vehicles Will Be Cut
Iran is cutting fuel quotas for uninsured vehicles to address energy imbalances and reduce reliance on gasoline imports, which are projected to exceed 110 trillion…
Proposal to Set Dollar at 35,000 Tomans for 1403 Budget; Ahmad Alavi: It Will Intensify Inflation and Economic Recession
The Iranian government is considering increasing the dollar exchange rate for the 1403 budget from 28,500 to 35,000 tomans, which experts warn could exacerbate inflation…
50% Increase in Taxes; Experts Say It Will Worsen Poverty
Iran's government has proposed a 50% increase in taxes in the 2024 budget, which experts warn will worsen living conditions and expand poverty. Critics argue…