66412
PBO Chief: 96% of Budgetary Outlay Met
Economy, Domestic Economy

PBO Chief: 96% of Budgetary Outlay Met

Iran met 96% of the budgetary outlay of 2.94 quadrillion rials ($78.8 billion) for the last Iranian year (March 2016-17), the head of Planning and Budget Organization said.
“As for the tax revenues projected to reach 1.57 quadrillion rials ($42 billion), 93% were materialized,” Mohammad Baqer Nobakht was also quoted as saying by IRNA in a press conference on Wednesday. According to Nobakht, who is also the government spokesman, revenues associated with the sale of capital assets stood at 740 trillion rials ($19.8 billion) for the year, which constitute 94% of the budgetary target.
"The government issued 630 trillion rials ($16.9 billion) worth of bonds last year, about 9% more than what was estimated in the bill, to compensate for the deficit in income and expenditure," he added.

Short URL : https://goo.gl/dtmytX
  1. https://goo.gl/FMTM7x
  • https://goo.gl/TOCZad
  • https://goo.gl/FL1GUr
  • https://goo.gl/nQG0eO
  • https://goo.gl/KAa0Mf

You can also read ...

Turkey to Defy US Sanctions, Maintain Trade Ties With Iran
Turkey intends to defy US President Donald Trump and continue...
An Iraqi peddler displays Iranian currency for sale in the capital Baghdad on Aug. 9.
Iraqi Prime Minister Haider al-Abadi has raised the level of...
CBI Delivering 2.5m Presold Gold Coins
The Central Bank of Iran has started the delivery of 2.5...
Google Rolls Back Android Messages to Old Design
On Thursday, it looked as though Google was starting to roll...
Iran Chamber of Commerce Urges FATF Compliance
Iran Chamber of Commerce, Industries, Mines and Agriculture,...
Private Housing Investments Rise
The uptrend in private sector investments in the housing...
New Foreign Exchange Policy:  Exporters’ Savior or Bane?
The new forex policy, announced last week by the Central Bank...
Hoarded Goods Worth $40m Confiscated in Tehran
Essential goods worth 3.2 trillion rials (around $40 million)...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus