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Iran's investment reached 27.7% of GDP in 2009. [37] Between 2002 and 2006, inflation fluctuated around 14%. [120] In 2008, around 55% of government revenue came from oil and natural gas revenue, with 31% from taxes and fees. [121] [122] There are virtually millions of people who do not pay taxes in Iran and hence operate outside the formal ...
Iran, [a] [b] officially the Islamic Republic of Iran (IRI) [c] and also known as Persia, [d] is a country in West Asia.It borders Turkey to the northwest and Iraq to the west, Azerbaijan, Armenia, the Caspian Sea, and Turkmenistan to the north, Afghanistan to the east, Pakistan to the southeast, the Gulf of Oman and the Persian Gulf to the south.
Social classes in Iran have been divided up into upper class, propertied middle class, salaried middle class, working class, independent farmers, and rural wage earners. [6] A more recent source [ 4 ] divides Iranian classes into upper, middle class (about 32% of the population in 2000), [ 4 ] working class (about 45% of the labor force ), [ 4 ...
Iran’s newly elected president said his government will create "balance in relations with all countries” in line with national interests and the prerequisites for peace but stressed to the ...
Check Out: 6 Genius Things All Wealthy People Do With Their Money. Typically, every country has a central bank that regulates and manages the money supply, working in coordination with the government.
The Biden administration quietly extended a sanctions waiver that will grant Iran access to roughly $10 billion from Iraq two days after President-elect Donald Trump’s Election Day victory.. The ...
By the late 1990s, Iran had become a major importer of food. At that time, economic hardship in the countryside resulted in vast numbers of people moving to cities. [3] The eight-year war with Iraq claimed at least 300,000 Iranian lives and injured more than 500,000. The cost of the war to the country's economy was some $500 billion.
In 1979, Shah Mohammad Reza Pahlavi was overthrown by an Islamic Revolution in Iran, replacing its millennia-old monarchy with a theocratic republic. Shortly after, the leader of the Revolution, a senior Islamic jurist named Ayatollah Ruhollah Khomeini, also transliterated Khumaynî, successfully supported referendums to declare Iran an Islamic Republic in March 1979, and to approve a ...