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Tehran Municipality Submits Contractionary Budget to TCC

Tehran Municipality Submits Contractionary Budget to TCC
Tehran Municipality Submits Contractionary Budget to TCC

Mayor Pirouz Hanachi submitted Tehran Municipality’s budget for the next fiscal year (March 2021-22) to Tehran City Council on Sunday.
“The budget is set in two sections: the main budget is 476.87 trillion rials [$2 billion] and the complementary section’s budget is at 22.74 trillion rials [$96 million], which is designed to carry out 32 special projects,” Hanachi was quoted as saying by ISNA.  
Municipalities of different districts and counties, development of public transport bus services and expansion of Tehran’s subway network to the city of Parand in Robat Karim County, southwest of the capital, as well as increasing payments to municipal pensioners have received special funding in the budget bill.  
“Since Feb. 21, 2020, Tehran Municipality became embroiled with the coronavirus crisis; it was among the very first organizations, after the Health Ministry, which was directly affected by the virus outbreak and suffered the most eventually. A large share of revenues did not materialize last [fiscal] year. At present, only 30% of the nominal capacity of public transportation are in service. Many of the sports facilities belonging to the municipality were shut down and complexes designed for providing tourism services were closed or semi-active. Yet, under the circumstances, Tehran Municipality has not tapped into government funds so far,” Hanachi said.

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