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Iran’s customs revenue increased 61 percent last year due to the implementation of the comprehensive customs system, said the Deputy Director of Technical Affairs of Customs Administration.

 

The Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) approved 28 foreign investment projects worth 1.6 billion dollars.

 

The Director General of Central Insurance said the total life insurance and non-life insurance policies of insurance companies in Iran is 29 trillion tomans, indicating 18 growth in life insurance during the first three months of this Iranian year.

 

Last year we had a budget commitment of 16,500 billion tomans, which 16,431 billion tomans were realized, and therefore 1395 (March 2018-17) is the only year in the Privatization Organization we got close to achieving 100 of the budget commitment, the head of the Iranian Privatization Organization said.

 

Three industrial projects were launched in Hormozgan province with the facilities of the Bank of Industry and Mine (BIM), creating direct jobs for 332 people.

 

Rabat Ferro Alloy Complex Company was inaugurated in Kerman using the facilities of the Bank of Industry and Mine.

 
 

Minister s Speeches

 

Notes

VAT in each countrys tax system reflects the countrys development-oriented look to economy, and developed countries that are economically dynamic and robust certainly have been successful in using VAT.

 

We have seen a positive trade balance by the end of Azar this year (December 20, 2016), but this does not mean moving away from negative numbers; it means approaching the equal trade balance

 

Tax and the tax system play an important and unmatched role in the countrys development. Tax as a means of guiding the economy can play a key role in development policies via its impact on economic activities of enterprises. Accordingly, by developing a proper tax system, the government can affect how to achieve the development goals.

 
 

Interviews

(SHADA: TEHRAN) – The Iranian Minister of Economic Affairs and Finance Ali Tayyebnia was talked in a televised interview with Islamic Republic of Iran Broadcast (IRIB) Channel One. Here follows the full text to the interview

 

(SHADA: TEHRAN) – Iran’s Minister of Economic Affairs and Finance Ali Tayyebnia had an interview with “World of Economy”, a Tehran-published economic daily. Here follows the full text to the interview.

 

(SHADA: TEHRAN) – The name of Mojtaba Lashkar Bolouki has been thrown around in the Iranian economic circles after the Strategic Economic Plan was unveiled last March. As the senior advisor to Iran’s Minister of Economic Affairs and Finance on Strategic Management, Dr. Lashkar Bolouki had a key role in developing the fabric of the plan and defining the goals, sub-goals, requirements, and specifications of the project. With the seven phases of the plan now becoming more established and more measurable at a larger scale, the Islamic Republic of Iran’s finance ministry seems to have taken effective steps in transition from a traditional organisation into an innovative one. The following is our interview with Lashkar Bolouki on how the Finance Ministry has attained all this achievement in a very short period after the 11th Government took over last year.

 
 

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