Economy

Al-Monitor – A year ago, President Hassan Rouhani’s budget proposal for the next Iranian year (beginning March 21) sparked a heated internet debate among Iranians. The main cause of their anger was the lavish funds allocated to certain state agencies and institutions. However, what was left unnoticed and indeed in need of much more public attention was the draft budget’s section on state-owned enterprises.

Radiofarda – A top Iranian conservative politician has indirectly attacked the government of President Hassan Rouhani, saying Iran’s government management system is “stuck in mud” and has demanded economic affairs to be delegated to the military.

Radiofarda – President Hassan Rouhani’s cultural advisor says the potential for urban protests still exists in Iran, since its causes have not yet been dealt with.

Radiofarda – Iran-EU trade turnover has declined significantly since the United States reimposed stringent sanctions on Iran, including oil exports and banking.

Radiofarda – The official unemployment rate has reached 27 percent among young Iranians and over 40 percent among university graduates, says Omid Ali Parsai, chairman of the Iranian Statistical Center.

Radiofarda – The chairman of Iran’s Shipping Society and related services, Massoud Polmeh says that a significant number of ports across the world do not permit Iranian registered vessels to enter and dock.

Al-Arabia – US sanctions are putting pressure on Iran and its people, Iranian Supreme Leader Ayatollah Ali Khamenei said on Wednesday, according to his official website.

Radiofarda – The Indian government has officially assumed the responsibility of Chabahar Port in Sistan and Baluchestan province, southeast Iran.

Radiofarda – In next Iranian budget $800 million has been set aside to deal with the mess created by unlicensed credit institutions; a considerable burden for a country in the throes of an economic crisis.

Radiofarda – The number of Iranians working in Iraq has dropped from 20,000 to 5,000 since Baghdad stopped issuing work visas for the citizens of the Islamic Republic, says the Governor General of Kurdistan province, western Iran.