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Iran's H1 Budget Deficit Tops $5.5b

The government’s overall revenues during March 21-Sept. 22 amounted to 776.690 trillion rials ($6.86 billion) while its spending stood at 1,409.49 trillion rials ($12.45 billion)
Iran's H1 Budget Deficit Tops $5.5b Iran's H1 Budget Deficit Tops $5.5b

Iran’s budget deficit in the first half of the current year (March 21-Sept. 22) hit 632.8 trillion rials ($5.59 billion), Mohammad Hosseini, a member of Majlis Plan and Budget Commission said.  
The government’s overall revenues during the period amounted to 776.690 trillion rials ($6.86 billion), as its spending stood at 1,409.49 trillion rials ($12.45 billion), according to data provided by Fars News Agency.
Revenues associated with oil and petroleum sales stood at 210 trillion rials ($1.85 billion) whereas the projected budgetary figure for H1 was 792.61 trillion rials ($7 billion). 
The budget law estimate of revenues from oil and petroleum sales for the whole year is at 1,585.230 trillion rials ($14 billion). 
Tax revenues were estimated to hover around 862.68 trillion rials ($7.62 billion) in H1, but they reached 647.01 trillion rials ($5.71 billion). 

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