The Organization for Economic Co-operation and Development (OECD) says the global economy is facing significant challenges. Growth is losing momentum, high inflation has broadened out across countries, with Europe to be hit hardest in the global slowdown as the Ukraine war “provokes a massive energy price shock not seen since the 1970s.”
The head of the Iranian parliament’s economic committee has said lack of a strategic roadmap has been the main hurdle in the way of the country’s economic development, IRIB reported.
Iranian President Hassan Rouhani said the main policy of the government is to create harmony in the economy and also stability in decisions and policies.
Iran's President Hassan Rouhani said the country has achieved a positive economic growth without reliance on petrodollars and despite being under the pressure of sanctions.
With tens of millions of Chinese people quarantined and thousands of factories closed, it is clear that the coronavirus is to sideswipe the global economy.
China said on Monday its economic growth slowed slightly in the second quarter as a trade war with the United States gained pace, while it warned of the global damage that could be caused if the row persists. The world’s second-biggest economy expanded 6.7 percent in April-June, down from 6.8 percent in the first quarter […]
Head of Plan and Budget Organization Mohammad-Bagher Nobakht put the country’s economic growth in the next Iranian calendar year in 1397 (to start March 21, 2018) at eight percent. Achieving eight percent economic growth, generation of employment opportunities for more than one million job-seeking people in the next year and also planning to accelerate semi-finished […]