Tuesday, Mar 28th

Last updateTue, 28 Mar 2017 12pm

Iran eyes tourism as a fertile source of revenue

Isfahan
PayvandNews -
 Iran regards tourism a fertile source of generating wealth, seeking to make the best use of positive atmosphere created in the wake of the 2015 landmark nuclear deal, known as the JCPOA. Based on official figures compiled by the Cultural Heritage, Tourism and Handicrafts Organization, foreign tourist arrivals in Iran has been more than double that of the global average since the implementation of the deal.



Foreign tourists in Isfahan, Iran
 (photo by Islamic Republic News Agency)

CHTHO Director Zahra Ahmadipour has said that the country needs to breathe fresh air into the sector in order to achieve sustainable growth and grasp boom in the number of foreign arrivals.

Ahmadipour who also doubles as vice

Read more: Iran eyes tourism as a fertile source of revenue

Ahead of presidential vote, Khamenei attacks Rouhani’s economy

Khamenie
Al-monitor -
 Iran's supreme leader, Ayatollah Ali Khamenei, who has final say on all state matters, used his most important speech of the year to criticize President Hassan Rouhani and his administration's economic performance. With presidential elections two months away, Khamenei's criticism opens the door for other conservatives to attack the president on a vulnerability.


AUTHOR Arash Karami

The supreme leader's Nowruz (Iranian New Year) speech is similar to the State of

Read more: Ahead of presidential vote, Khamenei attacks Rouhani’s economy

Bank of England reluctant to help facilitate Iran-UK trade

UK
PayvandNews -
 While the British government has reaffirmed its commitment to help Iran's reintegration into the global financial system, reports say the country's central bank is still reluctant to facilitate trade between the two countries.



Bank of England (BoE)

Reuters in an exclusive report quoted informed sources as saying that the Bank of England (BoE) had recently turned down a request by Tehran to set up special clearing accounts for its banks. 

Such accounts, for

Read more: Bank of England reluctant to help facilitate Iran-UK trade

Gloom surrounds Rouhani’s budget for new Iranian year

Rouhani1
Al-monitor -
 In recent decades, the budgeting process in Iran has been such that the budget’s capacity to function as the country’s most important fiscal policy document has continuously declined. In other words, budgeting has been utilized by successive administrations solely as an instrument to balance revenues and expenditures rather than setting long-term economic policies.


AUTHOR Navid Kalhor
 

The allocation of the lion’s share of budgets to

Read more: Gloom surrounds Rouhani’s budget for new Iranian year

Iran Exports 80 Million Dollars Worth Of Carpets To U.S. In 11 Months

carpets
PayvandNews -
 Iran says it has exported $80 million worth of carpets to the United States over a period of 11 months starting March 21, 2016.


Hamid Karegar, the president of Iran National Carpet Center, told local media that the exports had been mainly carried out directly from Iran to the US.

The boost, he emphasized, came after a multi-year halt in exports to the United States that followed a ban devised by the previous US administration in 2010.

Karegar told Iran's IRNA news agency

Read more: Iran Exports 80 Million Dollars Worth Of Carpets To U.S. In 11 Months