The oil-rich but otherwise poor southern province of Khuzestan is an important contributor to Iran's economy. Steel, sugar, agriculture and electricity are some of the important resources produced by this province. But it is Khuzestan’s oil and gas fields as well as its petrochemical industries that
The Qom Monorail project was intended to develop urban transportation and reduce traffic in Qom. The project started in 2009 and was planned to be completed by 2011. The railway was intended to be built in two phases for a total of 18 kilometers (km). The first phase was about 7 km with 5 stations.T
The latest data from Iran's Statistical Centre shows that in 2020, the misery index in the country reached 46%, the highest rate in the last decade. The current upward trends in inflation and unemployment rates predict that Iran's misery index could even go higher by the end of 2021.The misery index
For the last 100 years, the petroleum industry has been Iran’s main source of revenue, and it is likely to retain that position for decades to come. However, as with everything else in Iran over the last four decades, the 1979 revolution and the global reaction to Islamic Republic’s foreign policies
In most countries, energy consumption is an indicator of economic development. That is to say, the higher the energy consumption, the bigger the economic development. Iran, however, is an exception to this general rule. The Iranian government data shows that in recent years an exponential growth in
According to official Iranian government data, from the 1979 revolution to the end of 2019, the cumulative rate of inflation in the country reached 189,000 percent. The Iranian Central Bank has not yet released the inflation rate for the year 2020, but if we rely on the rate released by the Statist
Officials in Tehran call the Headquarters for the Restoration of Holy Shrines (HRHS) a charitable organization that helps rebuild and maintain the shrines of Shia Imams and other religious sites across several countries including Iraq and Syria. The agency falls under the auspices of the Iranian Rev
One of the worst practices in Iran’s energy sector is flaring and venting of huge volumes of Natural Gas, which the Iranian Oil Minister, Bijan Zanganeh, has recently described as if the country was “burning gold and Dollar.”When crude oil is produced, the process releases natural gas as a by-produc
Bribery goes by many names in Iran -- “under the table,” “tea money,” “share for the guys,” and “goodies”-- but however you refer to it, the rampant graft has long been a key feature of Iran’s administrative systems. Local municipalities, law enforcement agencies, courts, and the National Tax Admini
The Iranian media tend to show clips of local smugglers on motorbikes carrying large Gasoline cans across the border. However, smuggling millions of litres per day requires much more sophisticated organisation and support of border control teams. The small scale smuggling by local people is a tiny p
The practice of setting minimum wage in Iran goes back to almost half a century ago. The government measure was aimed at guaranteeing the purchasing power of a group of people who have traditionally had the lowest income levels. But currently the income value and the purchasing power of Iranian work
Forty-two years after the 1979 revolution, red meat production, per capita, is half of 1978.The latest data published by the Statistics Center of Iran shows that the per capita production of red meat decreased last year by 3.872 kilograms. The decline is unprecedented, as it marks the lowest product
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