68179

Last Year’s Budget Deficit Tops $7b

Last Year’s Budget Deficit Tops $7b

Iran’s budget deficit stood at 288.5 trillion rials ($7.62 billion) in the last fiscal year (March 2016-17), indicating a 50.8% rise compared with the year before, the Central Bank of Iran announced. The government earned 1.78 quadrillion rials ($58.16 billion) in revenues during the period, up 22.5% year-on-year, CBI reported on its website. The CBI report also shows the government sold 627.4 trillion rials ($16.6 billion) worth of bonds and bought back 338.9 trillion rials ($8.9 billion) it had issued before last year.

 

Short URL : https://goo.gl/4XFf31
  1. https://goo.gl/cdEykX
  • https://goo.gl/ghhach
  • https://goo.gl/7bMh2m
  • https://goo.gl/sPQkt9
  • https://goo.gl/uXdQuA

You can also read ...

Gov’t Mulling Creation of Forex Open Market
The government has agreed to consider a business community...
Gioia Tauro, the port from where Gruppo Ventura shipped locomotives to Iran
From its headquarters in Calabria, the poorest, least-...
Samer al-Khalil
Syria is ready to establish a rail link with Iran through Iraq...
India Looks to Operationalize Chabahar by 2019
India is trying to make the strategic Chabahar Port in Iran...
No New Shopping Malls Allowed in North Tehran
Construction permits will no longer be issued for new shopping...
ICJ to Hear Iran’s Lawsuit Against US Over Frozen Assets
The UN's top court will in October hear a case brought by Iran...
Non-Gov't Public Entities Mandated to  Release Financial Reports by Parliament
Iranian MPs have voted to increase financial transparency of...
2nd Real-Estate Investment Trust Launched
The Iranian government on Saturday inaugurated the country’s...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus