Economy, Domestic Economy
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Iran's Budget Deficit Doubles; CBI Report for First 5 Months of Current Fiscal Year Shows

Iran's Budget Deficit Doubles; CBI Report for First 5 Months of Current Fiscal Year ShowsIran's Budget Deficit Doubles; CBI Report for First 5 Months of Current Fiscal Year Shows

Iran’s budget deficit came in bigger than expected in the first five months of the current fiscal year (March 21-Aug. 22) to reach 369.1 trillion rials ($2.49 billion), latest data released by the Central Bank of Iran show. 
The shortfall for the period was larger than the budget law’s forecast of 137 trillion rials ($925.67 million) for the five-month period.
The deficit is 102% higher...

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