Deputy industry minister says 100 trillion tomans in loans approved to rebuild damaged industrial units

A deputy minister of industry, mine and trade said on Wednesday 29 July 2026 (7 Mordad 1405) that 100 trillion tomans in credit facilities had been approved to revive damaged industrial units, describing the measure as a step in support of production.

The facilities are to be directed at manufacturing units whose operations have been disrupted, with the stated aim of returning them to production. Details of the interest rate, the banks administering the credit and the disbursement schedule were not given in the announcement.

The approval was announced in the same week that the Statistical Centre of Iran reported annual inflation for Tir 1405 at 66 percent and the unemployment rate for spring 1405 at 9.1 percent.