82% of Revenues, 125% of Expenses Realized in Fiscal 2020-21 Budget

New data released by the Supreme Audit Court of Iran show the government supplied 82.5% of public resources in the last fiscal year’s budget (2020-21), as expenditure hit over 125% of the target.
Up to 127.4% of the government’s projected revenues in the 2020-21 Budget Law, i.e., 30,470 trillion rials ($112.85 billion) and 125.9% of projected expenditures, i.e., 30,462 trillion rials ($112.82 billion), were materialized last year.
Yet, considering that over 1,136 trillion rials ($4.2 billion) or 19% of the government’s public revenues were gained through Islamic bonds issued with the approval of the Supreme Council of Economic Coordination, chaired by the heads of three branches of government, the actual realization rate of public resources was 82.5%, IRNA reported.