IHIO Budget Over $4.2b Next Year
Economy, Domestic Economy

IHIO Budget Over $4.2b Next Year

Iran Health Insurance Organization should operate on a tight budget of 160 trillion rials ($4.25 billion) next year (March 2017-18), Minister of Cooperatives, Labor and Social Welfare Ali Rabiei said.

This follows the announcement by Saeed Namaki, the deputy head of Management and Planning Organization of Iran, that the budget allocated to the organization has seen a 100% rise in the upcoming fiscal year compared to last year.

“The organization began the current Iranian year (March 2016-17) with outstanding debts amounting to 46 trillion rials ($1.22 billion), which currently amounts to 97 trillion rials ($2.58 billion),” the Persian daily Taadol quoted Namaki as saying.


Short URL : https://goo.gl/eyHqql
  1. https://goo.gl/Kfhai3
  • https://goo.gl/DsMXAC
  • https://goo.gl/K2DlRH
  • https://goo.gl/mVE45H
  • https://goo.gl/8qm31U

You can also read ...

The rial has lost more than 30% of its value during the three months to April against the dollar.
Majlis Research Center, the parliamentary think tank, has...
Tipax and Q-Post agreed to share their resources for the establishment of a courier network between Iran and Qatar to help boost bilateral trade.
A private Iranian courier service firm, Tipax, signed a...
Facebook, Google Hit by $8.8b in Lawsuits
On the first day of GDPR enforcement, Facebook and Google were...
Iranian Startup Boosting Value Added Services
Iranian startup SMS.ir has unveiled a new customer relations...
There are 359,700 active heavy-duty vehicles in Iran’s cargo truck fleet, of which 125,000 (34%) are over 15 years old and almost 1,500 trucks are five decades old.
A number of truckers across the country have taken industrial...
Iran's Foreign Trade Tops $14b (March-May 2018)
Iran’s non-oil foreign trade during the two months of the...
Foreign Garment Prices Increase
The prices of foreign garments in the Iranian market have...
Ayandeh Named Iran’s Best Bank by Euromoney
The private Ayandeh Bank has continued its string of success...

Add new comment

Read our comment policy before posting your viewpoints