Economy, Domestic Economy
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Iran Gov’t Cuts Back on Spending Amid Growing Budget Deficit

Gov’t Cuts Back on Spending Amid Growing Budget DeficitGov’t Cuts Back on Spending Amid Growing Budget Deficit

President Hassan Rouhani’s Cabinet approved plans on Sunday to cut down the government's unnecessary expenses. 
Any renting or purchase of new office buildings, recreational or sports facilities, or renovation of office facilities and equipment that will impose additional burdens on the current year’s budget has been prohibited. 
Spending on operational expenses must not exceed 70% of the projected in the budget. 

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