Iran Annual Budget
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March 05,2023Net earnings of eight state-owned banks and the Central Bank of Iran has been forecast at 3,247.7 trillion rials ($6.186 billion) in the March 2023-24 draft budget. This is 40% higher on the 2,314... -
January 24,2023Many experts believe that the newly-unveiled budget bill for the fiscal 2023-24 suffers from countless structural problems. It is neither operational, nor conducive to productivity. With a high...
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January 16,2023The government is projecting the sales of crude oil and its derivatives to earn 6,030 trillion rials ($14.75 billion) in the budget bill for the upcoming Iranian year (March 2023-24). President...
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September 04,2022The Supreme Audit Court of Iran, the supervisory arm of the Iranian Parliament, has released its budget monitoring report for the first four months of the current fiscal year (March 21-July 22)....
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January 13,2022Head of the Majlis Economic Commission in a letter to President Ebrahim Raisi called for incorporating 10 support measures designed to revive the struggling bourse in the fiscal 2022-23 budget. “...
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January 11,2022Despite government efforts to minimize the deficit in March 2022-23 budget, numbers seen in the fiscal budget show a deep gulf between income and expenditure. According to Hadi Qavami, a deputy...
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January 04,2022The managing director of the Securities and Exchange Organization (SEO) says the regulator is trying to help reduce the price of gas feedstock sold to petrochemical plants. In a meeting with CEOs...
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December 13,2021President Ebrahim Raisi submitted the fiscal 2022-23 budget bill to the parliament on Sunday. In the next fiscal year (starting March 21, 2022), the operating budget (including revenues derived...
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December 11,2021A look at the government’s proposed budget for March 2022-23 shows if passed it should be propitious for the struggling stock market. The budget draft seems advantageous for the bourse in six ways...
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December 08,2021The Cabinet has finalized the fiscal 2022-23 Budget Bill on Wednesday.
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December 04,2021The budget bill for the fiscal 2022-23 has been finalized and President Ebrahim Raeisi has talked of submitting it to the Iranian Parliament this week. Government officials, particularly Masoud...
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November 22,2021The Economic Research Department of Majlis Research Center, the research arm of the Iranian Parliament, has released a report on the performance of the government on the Budget Law of fiscal 2020-...
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October 19,2021The government is expected to run a budget deficit of 2,800 trillion rials ($10.2 billion) by the end of the current fiscal year (March 2021-22), forecasts Majlis Research Center, the research arm...
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September 11,2021The budget deficit is on course to reach 4,640 trillion rials ($16.79 billion) in the fiscal 2021-22 while the government is also facing an unfunded deficit of roughly 30%, or 3,830 trillion rials...
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July 25,2021A new report released by the Statistical Center of Iran has reviewed Iranian urban and rural households’ income and expenditure in the last fiscal year that ended on March 20, 2021. Iranian...
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June 25,2021The Foreign Ministry’s budget, when converted to foreign currency, is 10% less in the current fiscal year (2021-22) compared with that of last year (2020-21). “The current year’s budget also...
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May 25,2021The government met 98.6% of the fiscal 2020-21 budget outlay, despite the significant shocks of US “maximum pressure” campaign and the coronavirus pandemic, says Hamid Pourmohammadi, the deputy...
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May 15,2021The Plan and Budget Organization says the government registered a surplus in its fiscal 2020-21 budget. The government’s revenues and expenses in the fiscal 2020-21 hovered around 5,631,444...
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April 27,2021One hundred Iranian lawmakers have sought clarification from Parliament Speaker Mohammad Baqer Qalibaf regarding changes made in the budgetary tables after their final approval on March 16. “...
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March 16,2021Members of the Iranian Parliament approved a new ceiling for the next year’s budget on Tuesday after the Guardians Council—the body in charge of ascertaining the constitutional and Islamic nature...
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March 07,2021The central bank governor says provisions of the March 2021-22) are likely to keep the money-printing presses busier and expand the money supply. In a note on the CBI website, Abdolnasser Hemmati...
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March 07,2021Members of the parliament on Saturday approved the next fiscal year’s budget bill with a 170-8 vote while six members abstained. In the next fiscal year (starting March 21, 2021), the operating...
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February 28,2021On Sunday, Iranian lawmakers approved the revenues section in the next fiscal year’s budget bill with 198 votes in favor, two votes against while four MPs abstained from voting. In the upcoming...
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February 16,2021Lawmakers finally approved the outlines of the fiscal 2021-22 budget revised by the government on Tuesday with 211 votes in favor and 28 against, while six MPs abstained from voting. The approval...
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February 12,2021The government earned 1,920 trillion rials ($7.68 billion) from taxation, customs duties and resources entitled “miscellaneous income” during the nine months to Dec. 20, 2020, which is 88% of the...
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