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Iran Economy Ministry Releases 11-Month Performance Report

Economy Ministry Releases 11-Month Performance ReportEconomy Ministry Releases 11-Month Performance Report

As we approach the first anniversary of the second term of President Hassan Rouhani’s administration in mid-August, the Ministry of Economic and Finance Affairs has released its performance report for the past 11 months (ending June 21).
According to the report published on the ministry’s website, the administration has during the aforementioned period provided 72% of all its resources through the ministry’s affiliates, including the Iran National Tax Administration and the Islamic Republic of Iran Customs Administration, and by paying dividends and issuing bonds.
“In terms of privatization, the share of divestment in the real private sector was 100% [in the fiscal 2017-18],” the ministry said, adding that the share of consumption tax has now increased to 54% whereas it stood at 43% when Rouhani started his tenure some five years ago.

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