-
December 16,2019
The 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. ...
-
December 08,2019
President 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...
-
December 04,2019
The 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...
-
December 03,2019
With 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...
-
October 20,2019
Iran’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. ...
-
October 01,2019
The 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...
-
August 31,2019
Oil 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,...
-
July 27,2019
Iran’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...
-
March 15,2019
The 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...
-
March 04,2019
In 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...
-
March 02,2019
In 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...
-
February 27,2019
Lawmakers 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...
-
February 24,2019
A 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...
-
February 26,2019
The 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....
-
February 22,2019
Electricity 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...
-
February 22,2019
Lawmakers 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...
-
February 20,2019
Debating 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...
-
February 19,2019
Lawmakers 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...
-
February 17,2019
Iranian 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...
-
February 16,2019
Iranian lawmakers approved the outlines of the next fiscal year's (March 2019-20) budget bill in an open session of the parliament on Saturday.
-
February 11,2019
Iran’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...
-
February 05,2019
Share of the National Development Fund of Iran from the export of oil and natural gas derivatives are estimated in next year’s budget bill (March 2019-20) at $6.7 billion.
The figure takes...
-
January 22,2019
The government will issue 20 trillion rials ($172.4 million) in treasury bills to settle its debt to cooperatives and private companies. According to the 2019-20 budget bill, the amount pertains...
-
January 18,2019
In the coming fiscal (2019-20), iran government expects to earn 100 trillion rials ($864 million) from the ICT sector, down 9% compared to projected income for the current year that ends in March...
-
January 16,2019
A Majlis Joint Commission spokesperson said lawmakers have approved part of the government budget bill that allows the Oil Ministry to issue up to $3 billion in Islamic bonds in the next fiscal...
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. ...
