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Opinion: A Strange Budget for a Strange System

Opinion: A Strange Budget for a Strange System

What do you do when your ambitions are bigger than the resources you have to pursue them? The Tehran leadership must have asked itself this question when drafting the national budget for the next year (according to the Iranian calendar), which starts on March 21....
Opinion: Give Me the Subsidy

Opinion: Give Me the Subsidy

Iranian president Hassan Rouhani’s apparently firm determination to convince at least a third of Iranians to voluntarily decline the monthly cash payouts that replaced certain subsidies from March 20—the first day of the new Persian year—clearly stems from economic...
IMF: Iranian economy weak but growing

IMF: Iranian economy weak but growing

London, Asharq Al-Awsat—The International Monetary Fund (IMF) published a report on Wednesday describing the Iranian economy as “weak” but said it was growing, at a time when signs of progress towards an agreement between Iran and the US and its allies over the...