August 2015
When the Minister of Economy Calls Iran's Banking System 'Sick'
Iran's Minister of Economy, Ali Tayebnia, has described the country's banking system as 'sick' due to significant debts and liquidity issues. He emphasized the urgent…
The Impact of Increased Audiences on the Quality of Iranian Theater
The 14th Iranian Critics and Theater Writers Association festival highlighted concerns over the declining quality of Iranian theater despite an increase in audience size and…
New Law Issued: Banks Required to Provide Individuals' Information to Tax Organization
Iran has enacted a new law requiring banks and government entities to share individuals' financial information with the Tax Affairs Organization to combat tax evasion.…
The Disparity Between Income and Expenditure of Iranian Households
The Central Bank's report reveals a significant budget deficit for urban Iranian households in 2014, with expenditures exceeding incomes, leading to increased reliance on savings…
Decrease in Prices and Transactions in the Housing and Construction Sector
The Central Bank's report reveals a significant decline in housing transactions and prices in Tehran, indicating a continued stagnation in the market despite government efforts…
Health Minister: 5 Trillion Toman Insurance Debt Delays Doctors' Bonuses
Iran's Health Minister Hassan Hashemi announced that the significant debt owed by insurance companies has delayed doctors' bonuses for six months, affecting many physicians. The…