Iran Annual Budget

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…

In the coming fiscal (2019-20), the 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…

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…

The parliamentary body responsible for reviewing the budget bill, Majlis Joint Commission, approved the outlines of the government-proposed budget for the next Iranian year (March 2019-20) on…

The Plan and Budget Organization has released an analytical report on the performance of banks in fiscal 2017-18. It gives poor marks to the banks’ overall performance in comparison to their…

The research arm of the Majlis in a new assessment of next year's proposed budget, says government revenues predicted for fiscal 2019-20 are unlikely to materialize. 

Proposed funding in the next year budget plan for the principal amount and interest on bonds issued the by government in the current fiscal (ends March 2019) is 304 trillion rials ($2.8 billion…

In next year's proposed budget the government is allowed to securitize up to 200 trillion rials ($2 billion) of its debts to banks.

In the coming fiscal that begins in March, the government expects to generate 99 trillion rials ($926 million) from taxes and duties on car production and imports along with auto-related…

The ICT Ministry and affiliated companies will get 37.6 trillion rials ($342 million) next year according to the 2019-20 budget bill submitted to the Majlis on Tuesday by President Hassan…

As part of the next year's budget bill submitted to the Majlis on Tuesday, fifty trillion rials ($446 million) will be allocated to Bank Maskan - the main housing bank – to help the government-…

As per the 2019-20 fiscal budget bill, a barrel of crude is calculated at $54, Oil Minister Bijan Namdar Zanganeh told the ministry’s website Shana on Wednesday.

President Hassan Rouhani submitted the budget bill for the fiscal 2019-20 to the parliament on Tuesday. "Improving the livelihoods of the Iranians, stimulating domestic production and boosting…

President Hassan Rouhani is scheduled to submit the budget bill for the next fiscal (March 2019-20) to the Iranian Parliament on Tuesday.  The budget bill was unveiled by the Plan and…

The government-proposed budget bill for the next fiscal year (March 2019-20) has been sent back to the Plan and Budget Organization to undergo structural reforms on the orders of Leader of…

Iran’s budget deficit came in bigger than expected in the first seven months of the current fiscal year (March 21-Oct. 22) to reach 391.4 trillion rials ($3.83 billion), the latest data released…

The next fiscal year’s budget bill (March 2019-20) stands at 17,300 trillion rials ($150.4 billion), which puts it 41.5% more than the 12,225 trillion rials ($106.3 billion) approved for the…

The mechanisms for implementing open market operations, as an effective measure to control and implement monetary and interest rate policies, have been included in next year’s (March 2019-20)…

The Plan and Budget Organization of Iran submitted the government's budget bill for the next fiscal (March 2019-20) to the parliament in time on Thursday (known as Budget Day). The timely…

Iran’s budget deficit came in bigger than expected in the first half of the current year (March 21-Sept. 22) to reach 372.3 trillion rials ($2.65 billion), latest data released by the Central…

The government has outlined new tasks for state-owned companies, banks and for-profit institutions as part of a directive for the next fiscal (March 2019-20) budget. 

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…

Iran’s budget deficit came in bigger than expected, as usual, in the first four months of the current fiscal year (March 21-July 22) to reach 312.5 trillion rials ($2.93 billion), the latest…

Iran’s budget deficit came in bigger than expected in the first quarter of the current fiscal year (March 21-June 21) to reach 290.1 trillion rials ($6.59 billion), according to the Central Bank…

The Iranian government's balance sheet for the last fiscal year (March 2017-18) shows major improvement compared to the preceding year, as revenues got a boost in line with curbs on spending.