What Does a Very Sick Economy Mean?
A sick economy means when the rate of money supply growth in any society exceeds the growth of real production of goods and services, demand for goods increases, and as a result, competition for selling at higher prices begins, with everyone trying to take revenge on the customer, who is eager to buy, by offering goods at higher prices. Essentially, liquidity (the volume of money and quasi-money in society) is the driving engine of inflation and price increases.
Iran’s Purchasing Managers’ Index for the Overall Economy Stands at 45.5
TEHRAN - According to estimates by the Research Center of the Iran Chamber of Commerce, the country’s overall Purchasing Managers’ Index (PMI) — known locally as Shamekh — for September was recorded at 45.3, showing a slightly slower decline compared with the previous month but remaining below the neutral threshold of 50 for the 18th consecutive month.
Iran’s economy grew by 1.4% in two months
Iran’s economy grew by 1.4% in the first two months of the current Iranian calendar year, according to a report by the Parliament Research Center.
Tourism Plays Significant Role in Boosting Iran’s Economy
TEHRAN - Judiciary Chief, Hojatoleslam Gholamhossein Mohseni Ejei, emphasized the vital role of tourism in strengthening the country’s economy and creating sustainable employment during a speech at the closing ceremony of the 9th Fajr International Handicrafts Festival (Silver Cypress) on Monday evening. Speaking to attendees, he urged authorities to maximize the potential of the tourism industry to increase foreign currency reserves.
No impact on Iranian economy with Trump’s election win: CBI chief
Governor of the Central Bank of Iran (CBI), Mohammad-Reza Farzin says Donald Trump’s victory as the next US president has nothing to do with Iran's economy or its financial growth.
Iranian economy expands 4.2% in 2023: WB
The World Bank, in its latest Global Economic Prospects (GEP) report released on January 9, said the Iranian economy grew by 4.2 percent in 2023, despite a sharp, long-lasting slowdown in the global economy.
Iran rises 10 places in terms of economy among 191 countries: IMF
The International Monetary Fund (IMF), in its latest World Economic Outlook Report dubbed “Navigating Global Divergences”, has positively revised its forecast for Iran's gross domestic product (GDP) growth in 2023, expecting the country’s economy to grow 3.0 percent this year.
Marxism Is Not an Economic School
A couple of days ago I was busy watching a debate on a TV program, Jahan Ara, where Dr. Toghyani and DR. Jebraeeli were present in the debate that was anchored by Mr. Sabeti.
IMF Forecasts a Positive Outlook for Iranian Economy in 2023
Drawing a positive outlook for the Iranian economy in 2023, the International Monetary Fund (IMF) has predicted that 10 major indicators of the Iranian economy would experience growth and improvement in the mentioned year compared to 2022.
IMF sees Iranian economy growing 3% in 2022
The International Monetary Fund (IMF) predicted that Iran's economy will experience a positive growth of three percent in 2022, following its upward trend for the third consecutive year.





























