Iran Annual Budget
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February 03,2020Tehran Mayor Pirouz Hanachi submitted the budget for the next fiscal year (March 2020-21) to the capital city’s Islamic City Council on Sunday. “The ceiling set for next year’s budget is 302... -
January 06,2020As projected in the draft budget bill for the fiscal 2020-21, the Iranian government has permitted municipalities to issue sukuk (Islamic bonds) to the tune of 50 trillion rials ($357 million) for...
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January 03,2020The government needs to shift its focus from collecting tax from registered private-run businesses to tax evading companies. This was stated by Mehrad Ebad, a member of Tehran Chamber of Commerce...
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December 18,2019The Majlis Research Center, the influential parliamentary think tank, says the budget bill for the next fiscal year (March 2020-21) is imbued with overestimations on the revenue side. It said the...
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December 16,2019The government has concocted a bigger role for the stock market on the revenue side of the next fiscal budget (March 20-21), according to the CEO of Iran Fara Bourse, the junior stock market. ...
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December 08,2019President Hassan Rouhani submitted the budget bill for the upcoming Iranian year (March 2020-21) to the parliament on Sunday which, he said, is indicative of the country’s tenacity and resistance...
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December 04,2019The government is struggling to balance its widening budget deficit. Ali Sarzaeem, an economic expert in an interview with Persian-language weekly Seda, has expounded on different means the...
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December 03,2019With the due date for the government's submission of next fiscal year’s (March 2020-21) budget bill to parliament just around the corner—the Plan and Budget Organization of Iran is scheduled to...
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October 20,2019Iran’s budget deficit in the first half of the current year (March 21-Sept. 22) hit 632.8 trillion rials ($5.59 billion), Mohammad Hosseini, a member of Majlis Plan and Budget Commission said. ...
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October 01,2019The Plan and Budget Organization of Iran will submit the budget plan of state-run companies in the next fiscal year (March 2020-21) to the parliament on Nov. 6 and that of government public...
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August 31,2019Oil revenues are generated from selling the country’s capital assets and should be spent on augmenting capital assets, such as development projects, the head of Plan and Budget Organization,...
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July 27,2019Iran’s 4,480-trillion-rial ($37.64 billion) budget for the current fiscal year (March 2019-20) is based on the sale of 300,000 barrels of oil per day, the deputy head of Plan and Budget...
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March 15,2019The next fiscal budget (March 2019-29) has allocated 5.4 trillion rials ($41.5million) for the Vice Presidential Office for Science and Technology, up 11% compared to the funds made available in...
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March 04,2019In the new Iranian year that starts on March 21, the raise in wages for government employees and retirees was approved by the Majlis. The raise is 4 million rials (about $30). The proposal was...
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March 02,2019In a highly anticipated parliamentary decision on Saturday, lawmakers ratified an amendment to the next year’s (March 2019-20) budget bill which obliges government to allocate $14 billion...
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February 27,2019Lawmakers on Wednesday approved one more amendment to the next year’s (March 2019-20) budget bill that requires monitoring high-value banking transactions. The measures come as an attempt to fight...
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February 24,2019A study by Tehran Stock Exchange about the role and significance of the capital market in next year's (March 2019-20) budget – currently being debated in the parliament – has concluded that the...
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February 26,2019The parliament approved the section of next year’s (March 2019-20) budget bill that allows the Central Bank of Iran to launch secondary markets for trading Islamic bonds issued by the government....
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February 22,2019Lawmakers ratified another section of next year's (March 2019-20) budget bill that allows Bank Maskan - the main housing bank - to reimburse 50 trillion rials ($400 million) of its debt to the...
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February 22,2019Electricity subscribers will have to pay 10% of the cost of their power consumption as tax in their electricity bills next year (begins in March). The Majlis agreed on Wednesday to raise tax from...
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February 20,2019Debating next year's (March 2019-20) budget bill in the Majlis, lawmakers on Wednesday obliged the Iranian National Tax Administration with collecting 30% of overdue taxes in the current fiscal...
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February 19,2019Lawmakers approved a proposal in the next (March 2019-20) budget bill that allows the Oil Ministry to issue $3 billion in Islamic bonds. According to the parliamentary news website ICANA, the...
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February 17,2019Iranian lawmakers on Sunday approved an amendment to next year's (March 2019-20) budget bill obliging the Oil Ministry to offer on a monthly basis 2 million barrels of light crude on the Iran...
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February 16,2019Iranian lawmakers approved the outlines of the next fiscal year's (March 2019-20) budget bill in an open session of the parliament on Saturday.
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February 11,2019Iran’s budget deficit came in bigger than expected in the first nine months of the current fiscal year (March 21-Dec. 21, 2018) to hit 451.1 trillion rials ($3.8 billion), latest data released by...
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