Program summary: Iran IRINN TV economic news, Nov. 16

Business Materials 16 November 2017 18:34 (UTC +04:00)

The following is a numbered list of news on latest economic developments in the Islamic Republic of Iran, as of 12:00 GMT, Nov. 16, on IRINN TV.

1. 12:03 GMT – The National Development Fund of Iran has allocated $1.5 billion for battling unemployment in the country.

2. 12:05 GMT – Shahid Rajaee Special Economic Zone has transited over three million tons of goods since March 20.

3. 12:06 GMT – The union of the Iranian furniture manufacturers has warned against the increasing amount of Chinese products in the country.

4. 12:06 GMT – Report on the prices of gold in the Iranian market. Gold coin was traded at 13,895,000 rials (about $340.3 according to the currency rate in free market) on Thursday. One gram of the 18-karat gold was priced at 1,256,000 rials (about $30.7).

5. 12:07 GMT – Report on the rate of foreign currencies in the Iranian market. Euro valued 48,323 rials in the free market. The US dollar was traded at 40,824 rials.

6. 12:07 GMT – Report on the fish breeding pools in the country.

7. 12:09 GMT – Report on tax collection in Zanjan Province.

8. 12:10 GMT – A factory in Tabriz City has produced and exported 150 tons of powdered eggs over the first half of the current fiscal year (started March 20).

9. 12:11 GMT – New technologies have helped farmers in West Azerbaijan Province to increase their potato output.

10. 12:12 GMT – Report on anti-money laundering polices in Australia.

Source: State-owned news channel IRINN, Tehran, in Persian

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