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January 2017
January 23, 2017
Economy Minister: 50% of Banking Resources are Locked
Ali Tayebnia, Iran's Economy Minister, revealed that 40-50% of the banking system's resources are locked due to past government debts and non-performing loans. He highlighted…
January 21, 2017
Statistical Center: Inflation in Iran Decreased to 6.9% in December
Iran's inflation rate decreased to 6.9% in December, according to the Statistical Center, while the Central Bank reported a higher inflation rate of 8.6% for…
January 1, 2017
Inflation Trends Until the End of the Year; The Core Challenge
The Minister of Economy, Ali Tayebnia, has stated that inflation has reached a core level, making it increasingly difficult to reduce rates. Recent reports indicate…