Gov’t Over- Borrowing From CBI

In the first two month of current fiscal year (March 21-May 20) the government borrowed 400 trillion rials ($1.7 billion) in discretionary spending from the Central Bank of Iran, deputy head of the Plan and Budget Organization for economic affairs. 
“The amount was 4.7% of the total spending in the current budget [ends March 2022],” Hamid Pourmohammadi told state TV. 
This was while the government is allowed to withdraw the equivalent to 3% of the public budget from CBI resources, the Persian-language economic website Eqtesad News reported.