Business And Markets
0

Iran Gov’t Forecast to Sell Property Worth $3b Farfetched

Iran Gov’t Forecast to Sell Property Worth $3b Farfetched  Iran Gov’t Forecast to Sell Property Worth $3b Farfetched

The government says it expects to earn 400 trillion rials ($3 billion) in the next fiscal year that begins on March 20 --  a prediction many experts say is unrealistic at best. 
As per Note 12 of the outlines of next fiscal budget plan (March 2020-21), the figure is ten times higher than the earnings realized this year from the sale of the government’s unused and excess assets. 
Through which methods or procedures, experts wonder, the government wants to secure this huge income while it was hardly able to generate 37 trillion rials ($284 million) this year.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com