Business And Markets

MRC Urges New Revenues to Plug Budget Holes

The think tank suggests that oil revenues go the Central Bank of Iran and the bank allocate them on a monthly basis to the government for basic expenditures
MRC Urges New Revenues to Plug Budget HolesMRC Urges New Revenues to Plug Budget Holes

The research arm of the Majlis in a new assessment of next year's proposed budget, says government revenues predicted for fiscal 2019-20 are unlikely to materialize. 
The Majlis Research Center warns that if MPs approve the budget bill in its current form and shape, "problems in the functioning of executive agencies, people's livelihoods and fiscal discipline would be inevitable."  
In order to give a better picture of the budgetary constraints next year, the MRC pores over some of the key figures related to revenues as forecast in the budget bill. 


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