Regardless of the changes in politics and ideology brought about by each successive regime in Iran, the one constant has been lack of fundamental...
TEHRAN - The International Monetary Fund (IMF) has reiterated its recent positive report on Iran’s economy, rejecting some western media claims that the organization’s data...
Petroleum dominates Iran’s exports, making up 85 percent of export earnings. In 2002 Iran exported 765 million barrels of crude oil per day. Major nonoil...
In the 1980s and 1990s Iran built several new natural gas, combined cycle (using both gas and steam), and hydroelectric power stations, dramatically increasing electric...
Iran’s unit of currency is the rial. The official exchange rate averaged 9,171 rials to the U.S. dollar in 2006. However, rials are exchanged on...
Government planning plays an important role in Iran’s economy. Since the late 1940s the government has designed and implemented multiyear planning programs with the goal...