Fiscal 2020-21 Budget Balanced Without CBI Lending Assistance

Economy Minister Farhad Dejpasand said the budget of last fiscal year (March 2020-21) was balanced, without borrowing a rial from the Central Bank of Iran. 
“The government successfully passed through the crisis-ridden fiscal 2020-21 while oil revenues accounted for as little as 126 trillion rials [$545.92 million] of its 5,710-trillion-rial budget ($24.74 billion). Instead of borrowing from the central bank, we borrowed from people by selling bonds,” he was quoted as saying by IRNA. 
Noting that a total of 2,130 trillion rials ($9.22 billion) worth of bonds were sold during the period, the official said, “The government earned 107% of the expected income from taxation in the last fiscal year. Earnings from privatization deals were six times more than the previous year [March 2019-20].”