The government has cut its income forecast from bonds in the 2022-23 draft budget.
In the proposed budget, published by the Planning and Budget Organization, the government plans to sell 880 trillion rials ($3.3 billion) in new debt next year that begins in March.
This is 445 trillion rials ($1.53b) or 33% lower than the 1,325 trillion rials ($4.5b) projected in this year’s budget, IRNA reported.
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