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Tax and customs duties earned the government over 1,156 trillion rials ($27.52 billion), 14% more than the year before.
Tax and customs duties earned the government over 1,156 trillion rials ($27.52 billion), 14% more than the year before.
Saturday, April 21, 2018

13% Rise in Iran Government Budget Last Year

Saturday, April 21, 2018

13% Rise in Iran Government Budget Last Year

The government’s total revenues and spending in the last Iranian year (ended March 20, 2018) stood at 3,200 trillion rials ($76.19 billion), registering a 13% rise compared with the year before, a preliminary report by the Management and Planning Organization of Iran reads. 
Last year’s revenues fell in the neighborhood of 1,675 trillion rials ($39.89 billion), about 5% bigger than the government’s proposed budget bill and 8.3% less than the budget law ratified by the parliament, IRNA reported. 
Tax and customs duties earned the government over 1,156 trillion rials ($27.52 billion), 14% more than the year before, to become the main source of government revenues, besides oil and sales of capital and financial assets.
Tax revenues grew by 2% compared with government’s proposed bill to stand at 1,127 trillion rials ($26.83 billion) while they were 0.7% less than parliament’s projected figure. 

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04/21/2018
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