TEHRAN (Iran News) – The Trump administration imposed new sanctions on Iran on Friday, including penalties on the Islamic Republic’s metal sector and some senior government officials. Following Tehran’s retaliation for the assassination of Iranian Lieutenant General Qasem Soleimani, US Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin announced the new sanctions on […]
TEHRAN (Iran News) – Head of handicrafts, carpet and tourism committee of Iran Chamber of Cooperatives Mr. Abdollah Bahrami believes by a good and wise planning, carpets and handicrafts can replace oil sales revenues in the country and reduce reliance on oil revenues. Bahrami in a joint press conference with the managing director of Talfigh-e […]
TEHRAN (Iran News) – Iranian President Hassan Rouhani said that the country’s next budget bill for the coming fiscal year has been designed to counter US sanctions and that it is not much reliant on oil revenues. “Our budget for the next year, like the current year, will be based on resistance against sanctions; the budget’s […]
Deputy Head of Central Bank of Iran (CBI) Gholamreza Panahi said on Tuesday that as of the beginning of the present Iranian year (March 21, 2019) some five billion dollars of non-oil export revenues has been earned via CBI’s launched Integrated Forex Management System, locally known as NIMA.