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The Biden administration has extended a sanctions waiver that allows Iran to access $10 billion in funds from Iraq – a move Republicans say frees up Iran to fund terrorism.
Iran's foreign policy is driven by dignity, wisdom and interest, a government spokesperson said on Wednesday, in response to U.S. President Donald Trump saying that Washington was ready to reach ...
Affiliated to the Ministry of E.A.F.(Ministry of Economic Affairs and Finance), the purpose of the O.C.S.S.P.I. (Organization for Collection and Sale of State-owned Properties of Iran) is to regulate properties, some of the duties includes the collection, storage, management, and sale of properties that as per the law are under the ownership ...
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Executive Order 12170 was issued by American president Jimmy Carter on November 14, 1979, ten days after the Iran hostage crisis had started. The executive order, empowered under the International Emergency Economic Powers Act, ordered the freezing of all Iranian government assets held within the United States.
According to the government, Iran Air will use $2.5 billion from the NDFI to finance the purchase of its Boeing aircraft. [19] In 2018, $10.66 billion funding has been allocated for renewing the road transport fleet. [20] In 2019, the government said that it had allocated $2.4 billion from NDFI towards small and medium enterprises. [21]
In 2012, Iran's head of the Expediency Council, Ayatollah Hashemi Rafsanjani, criticized the government for failing to reinvest the money it saved by restructuring government subsidies. To compensate, the government says it has allowed producers to adjust their prices more liberally and it has given free loans and energy subsidies in some cases.
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