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Ministry of Economic Affairs and Finance (Iran)

Government ministry of Iran


Summary

Government ministry of Iran

FieldValue
agency_nameMinistry of Economic Affairs and Finance
nativenameوزارت امور اقتصادی و دارایی
nativename_rVezârat-e Eqtesâd va Omur-e Dârâiy
logoEmblem of Iran.svg
logo_width100px
imageساختمان وزارت اقتصاد و دارایی.JPG
image_size230px
formed
jurisdictionGovernment of the Islamic Republic of Iran
headquartersBab Homayoun Street, Tehran
employees117,123 (2019)
minister1_nameAli Madanizadeh
website

The '''Ministry of Economic Affairs and Finance'''' is a ministry of the Iranian government that oversees treasury, commerce, industry, financial markets and labor in Iran. Its functions include:

  • Manage the Iranian treasury department,
  • Lending by the government to banks in Iran,
  • Regulation of Iran's economy and its financial policy,
  • implementing & enforcing tax policies in Iran,
  • in charge of foreign direct investment (F.D.I.),
  • directing the banking and commercial insurance sector of Iran,
  • regulating the financial markets of Iran, see also: Securities and Exchange Organization (SEO) & Central Bank of Iran.

The affairs related policy-making, organizations, and institutes in the field of trade of goods and services are handled by the Ministry of Economic Affairs and Finance (Ministry of E.A.F.).

Ministers of Finance

During the Imperial State of Iran

Ministers responsible for finance under Pahlavi dynasty.

  • Mohammad Ali Foroughi, 1924–1925
  • Morteza Gholi Bayat, 1925-?
  • Vossug ed Dowleh, 1926
  • Firouz Nosrat-ed-Dowleh III, 1927–1929
  • Mohammad Ali Farzin, 1929
  • Hassan Mashhar, 1929–1930
  • Hassan Taqizadeh, 1930–1933
  • Ali Akbar Davar, 1933–1937
  • Mahmud Badr, 1938–1939
  • Rezagholi Amir Khosravi, 1939–1941
  • Abbasqoli Golshayan, 1941
  • Hassan Musharraf Nafisi, 1941-1942
  • Mahmoud Nariman, ?-1943
  • Morteza-Qoli Bayat, 1943-?
  • Allah-Yar Saleh, 1943
  • Bagher Kazemi, 1943-?
  • Mahmud Badr, ?-1945
  • Abdolhossein Hazhir, 1945
  • Morteza-Qoli Bayat, 1945–1946
  • Abolqasem Najm, 1945–1946
  • Abdolhossein Hazhir, 1946
  • Morteza-Qoli Bayat, 1946-?
  • Abdolhossein Behnia, ?-1948
  • Abbasqoli Golshayan, 1948–1950
  • Abdolhossein Behnia, 1950
  • Mohammad Ali Varasteh, 1950
  • Taghi Nasr, 1950-?
  • Mohammad Ali Varasteh, 1950–1951
  • Ali Asghar Forouzan, ?-1951
  • Mohammad Ali Varasteh, 1951–1952
  • Seyed Baqer Kazemi, 1952–1953
  • Ali Amini, 1953–1954-?
  • Ali Asghar Nasser, ?-1955
  • Mohammad Sajadi, 1955–1957
  • Taghi Nasr, 1957-?
  • Qolam Hosein Foruhar, ?-1957-?
  • Ali Asghar Nasser, ?-1958-?
  • Ali-Akbar Zargham, 1959–1961
  • Abdolbaghi Shoai, 1961–1962
  • Jahangir Amuzegar, 1962
  • Abdolhossein Behnia, 1962–1963
  • Abdolbaghi Shoai, ?-1963
  • Abdolhossein Behnia, 1963–1964
  • Amir-Abbas Hoveida, 1964–1965
  • Jamshid Amouzegar, 1965–1974
  • Hushang Ansary, 1974–1977
  • Mohammad Yeganeh, 1977–1978
  • Hassan-Ali Mehran, 1978–1979
  • Rostam Pirasteh, 1979

During the Islamic Republic of Iran

No.PortraitNameTookLeftPartyHead of
1Ali Ardalan15 February 19796 November 1979National FrontMehdi Bazargan
2Abolhassan Banisadr17 November 197910 February 1980IndependentCouncil of the Islamic Revolution
3Hossein Namazi11 March 198128 October 1985Islamic Republican PartyMohammad-Ali Rajai
4[[File:Mohammad_Javad_Iravani_2014-04-12_05.jpgframeless176x176px]]Mohammad Javad Irvani5 January 198629 August 1989Islamic Republican PartyMir-Hossein Mousavi
5[[File:Nourbakhsh.jpgframeless176x176px]]Mohsen Nourbakhsh29 August 198916 August 1993Executives of Construction PartyAkbar Hashemi Rafsanjani
6[[File:Dr.Mohammadkhan.JPGframeless176x176px]]Morteza Mohammadkhan6 October 199320 August 1997Executives of Construction Party
Moderation and Development Party
(3)Hossein Namazi20 August 199722 August 2001IndependentMohammad Khatami
7[[File:Tahmasb Mazaheri at Etellat Institute's Diplomacy Irani Forum.jpgframeless176x176px]]Tahmasb Mazaheri22 August 200125 April 2004Independent
8[[File:Safdar Hosseini 01 (cropped) (cropped).jpgframeless176x176px]]Safdar Hosseini25 April 200424 August 2005Islamic Iran Participation Front
9[[File:Davoud Danesh-Jafari 13901206 1019137.jpgframeless176x176px]]Davoud Danesh-Jafari24 August 20052 April 2008Society of Devotees of the Islamic RevolutionMahmoud Ahmadinejad
10[[File:Shamseddin Hosseini 2019.jpgframeless176x176px]]Shamseddin Hosseini5 August 200815 August 2013Independent
11[[File:Ali Tayebnia speaking at Conference of Monetary policy and Currency (cropped).jpgframeless176x176px]]Ali Tayebnia15 August 201320 August 2017IndependentHassan Rouhani
12[[File:Masoud Karbasian 2018.jpgframeless176x176px]]Masoud Karbasian20 August 201726 August 2018Independent
13[[File:Farhad Dejpasand 13980920 0244376.jpgframeless176x176px]]Farhad Dejpasand27 October 201825 August 2021Independent
14[[File:Khandoozi Portrait (Cropped).jpgframeless176x176px]]Ehsan Khandozi25 August 202121 August 2024Coalition Council of Islamic Revolution ForcesEbrahim Raisi
Mohammad Mokhber (Acting)
15[[File:Hemmati in 2021.jpgframeless176x176px]]Abdolnaser Hemmati21 August 20242 March 2025Executives of Construction PartyMasoud Pezeshkian
16[[File:Alimadanizadeh.jpgframeless176x176px]]Ali Madanizadeh16 June 2025IncumbentIndependent

The Customs Administration of the Islamic Republic of Iran

The Customs Administration is affiliated to the Ministry of Economic Affairs and Finance. All activities regarding importation, exportation, transit, collection of import duties and other cases such as temporary importation are carried out by the Customs Administration, which is in charge of implementing the Customs Affairs Act of the Iranian year 1350 (Hijri calendar) (1971 Gregorian calendar), and by-Laws of the Executive Branch of Iran.

Organization for Collection and Sale of State-owned Properties of Iran (OCSSPI)

Main article: Organization for Collection and Sale of State-owned Properties of Iran (OCSSPI)

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, possession, custody or management of the government of Iran.

State Tax Organization

Affiliated to the Ministry of E.A.F. (Ministry of Economic Affairs and Finance), the Iranian National Tax Administration is also incharge of collection of taxes from the public and supervises the implementation of tax laws and regulations in Iran. To facilitate the E-commerce, the Executive Branch of Iran is implementing a bar code (similar to ISBN of Books) system (called 'Irancode') across the UN Member State of Iran. It will facilitate e-commerce and tax collection to build a better Iran.

Privatization Organization

Main article: Privatization in Iran

According to the Fourth edition of Five-Year Economic Development Plan (2005–2010), the Privatization Organization of Iran, which after discussions with the Ministry of E.A.F (Ministry of Economic Affairs and Finance) sets the prices and manages the shares of government-owned companies for the public. It also puts the stocks on the Tehran Stock Exchange. President of Iranian Privatization Organization is Ali-Ashraf Abdollah Porihoseini.

Organization for Investment Economic and Technical Assistance

Affiliated to the Ministry of E.A.F. (Ministry of Economic Affairs and Finance), the Organization for Investment Economic and Technical Assistance (OIETA) centralizes, regulates and perform activities related to foreign investments in the UN Member State of Iran, Iran's foreign investments abroad, providing loans and credit facilities to foreign firms, institutes or governments as well as obtaining loan or credit from foreign or international sources. OIETA is a "one-stop institution" for foreign direct investment in Iran.

References

References

  1. [https://www.tasnimnews.com/fa/news/1398/01/12/1979315/%D8%AC%D8%B2%DB%8C%DB%8C%D8%A7%D8%AA-%D8%AA%D8%B9%D8%AF%D8%A7%D8%AF-%DA%A9%D8%A7%D8%B1%D9%85%D9%86%D8%AF%D8%A7%D9%86-%D8%AF%D9%88%D9%84%D8%AA-%D8%AF%D8%B1-%D8%B3%D8%A7%D9%84-97-%D9%85%D8%AF%D8%B1%DA%A9-%D8%AF%DA%A9%D8%AA%D8%B1%D8%A7%DB%8C-10-%D8%AF%D8%B1%D8%B5%D8%AF-%DA%A9%D8%A7%D8%B1%D9%85%D9%86%D8%AF%D8%A7%D9%86-%D9%88%D8%B2%D8%A7%D8%B1%D8%AA-%D8%A8%D9%87%D8%AF%D8%A7%D8%B4%D8%AA جزییات تعداد کارمندان دولت در سال ۹۷] ''Tasnim News''
  2. "The Memorandum of THE FOREIGN TRADE REGIME OF THE ISLAMIC REPUBLIC OF IRAN".
  3. Yapp, Malcolm. (2002). "British Documents on Foreign Affairs: Reports and Papers from the Foreign Office Confidential Print. From 1946 through 1950. Near and Middle-East 1950. Afghanistan, Persia, Turkey and Iraq, January 1950-December 1950". University Publications of America.
  4. R. W. Apple Jr. (7 January 1979). "New Iran Cabinet Unable to Bring in Main Opposition".
  5. http://www.nitc.co.ir/iran-daily/1388/3438/html/economy.htm#s389754{{dead link. (February 2018)
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