The government will run a deficit of 3,000 trillion rials ($10 billion) in the next fiscal year (March 2022-23) as per the figures of the budget bill recently submitted to the parliament for approval.
The deficit was estimated by Abbas Alavirad, an economic expert, in an article for the Persian daily Ta’adol. A translation of the article follows:
The budget for fiscal 2022-23 will face a deficit of more than 3,000 trillion rials. This is an undeniable reality of next year’s budget will...
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