UNIDO Urged to Help Member Countries
Mohsen Baharvand urged United Nations Industrial Development Organization (UNIDO) to strengthen efforts to help its member countries.
Iran Slams World Bank Politicized Approach: Official
For years Iran was of the view that the World Bank adopted a politicized approach in issuing its closely watched annual ranking of countries’ business and investment climates.
Iran Must Expand Petchem Exports to Handle Future Market Challenges
Iran must gradually shift from exporting crude oil to selling petroleum products and petrochemicals, as it invests in expanding its oil and gas production capacities to handle the future market challenges, said an expert.
Government Seeking Economic Boom in Iran
Iranian government efforts to deal with the economic consequences of the US sanctions and the coronavirus pandemic while economic boom and stability is still high on the agenda.
Leader: Economy Should Not Be Linked to Foreign Developments
Supreme Leader Ayatollah Seyed Ali Khamenei stating that the country's economy should not be linked to foreign developments in any way because this is a strategic mistake, underlined that economic planning for the country should not wait for the lifting of sanctions or the result of the elections of a certain country.
Pandemic Shrinks Iranian Economy by 3%: Rouhani
Rouhani said while the novel coronavirus pandemic has slashed major economies in the world by up to 20 percent, Iran’s economy has contracted only by 3 percent.
Rouhani Administration Preparing Road Map for Economy
Iran’s President Hassan Rouhani said his administration has prepared a road map to the economy for the one remaining year of his tenure.
Japan Economy Hit by Sweeping Pandemic
Japan was hit by its biggest economic contraction on record in the second quarter as the coronavirus pandemic crushed consumption and exports.
Gold Rushes As Pandemic Rages Indian economy
Indians are returning to one of their oldest assets amid a raging pandemic that was preceded by a banking crisis.
Eurozone Suffering Greatest Contraction
The eurozone suffered its greatest contraction on record, exceeding the US economy’s record plunge.