Domestic Economy

Fiscal 2020-21 Budget Scrutinized

Fiscal 2020-21 Budget Scrutinized
Fiscal 2020-21 Budget Scrutinized

The budget for the new Iranian year (2020-21), which started on March 20, was presented to the parliament in November but fell victim to the devastating coronavirus crisis and the election of the new, conservative parliament.  
The deliberations of the parliament were accelerated on the order of Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, and a slightly modified budget was submitted to the Guardians Council, which approved it on March 18, IRNA reported. 
Iranian economist Djavad Salehi Isfahani has published an article on his weblog detailing the 2020-21 budget figures in three separate tables. Table 1 is the actual nominal numbers, Table 2 shows the real values and Table 3 presents their share in the budget. Excerpts follow:


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