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The Iranian government has decided to merge 18 retirement funds in response to a budget deficit of 3,000 trillion rials (approximately $6 billion) and its increasing debt to these funds. Retirement fu
THIS PAGE WILL BE UPDATED WITH THE LATEST NEWS UPDATE: 11:00 AM CET Khamenei's Rep Warns Against Youth Turning Against Clergy During his Friday prayer
Iran's Seventh Development Plan appears to be fraught with ambitious targets and controversial measures.
TEHRAN (Tasnim) – Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei described economic growth in Iran as a requisite for the eradication of poverty and settlement of problems concerning the livelihood of people and welfare of families.
The president is proposing de facto cuts to salaries and subsidies as well as more money for the military, while avoiding the tough reforms Iran’s economy needs.