Iran Annual Budget

Payments to the Civil Servants Pension Organization accounted for the biggest part of the government’s expenditure in the first month of the current Iranian year (March 21-April 20). 

Less than 1% of the revenues earned from the Subsidy Reform Plan were allocated to the production sector between 2010-11 and 2016-17, according to a report by Majlis Planning and Budget…

The government’s total revenues and spending in the last Iranian year (ended March 20, 2018) stood at 3,200 trillion rials ($76.19 billion), registering a 13% rise compared with the year before…

Budget deficit, the mismatch between the government’s spending commitments and what it is projected to earn in oil revenues, taxes and other sources of income, has been a way of life for Iranian…

Head of Planning and Budget Organization Mohammad Baqer Nobakht expects the government to run up a 370-trillion-rial ($9.6 billion) budget deficit in the current fiscal year (March 2017-18).

Iran Health Insurance Organization should operate on a tight budget of 160 trillion rials ($4.25 billion) next year (March 2017-18), Minister of Cooperatives, Labor and Social Welfare Ali Rabiei…

The budget for Iran’s transport sector will increase 5% in the new Iranian year (March 2017-18) compared with the current year, owing mostly to an upsurge in the budget for the rail sector, a…

The Iranian Parliament finalized on Sunday the budget for the new Iranian year that starts on March 21.  A total of 160 lawmakers voted in favor, 19 voted against and four MPs abstained to…

Government Spokesman Mohammad Baqer Nobakht said the expansion of Iran’s budget during the administration of President Hassan Rouhani has not kept pace with inflation.

Nobakht, who also…

The Iranian Parliament on Sunday passed Iran’s general budget for the upcoming new year (March 2017-18).  The lawmakers put the figure at 3.98 quadrillion rials ($104.6 billion).

The…

The Iranian Parliament approved the outlines of the budget for the new Iranian year (March 2017-18) on Tuesday. 

A total of 111 lawmakers voted in favor while 70 were against the…

Railroads, environment and water and sewage are top priorities of the budget for the next fiscal year (March 2017-18), as 100 trillion rials ($2.6 billion) have been earmarked for the development…

Two-thirds of government expenditures are unnecessary, the parliament speaker said.

“We are short of [financial] resources. Unfortunately, our spending is high and we refuse to admit it,”…

Warning: Big numbers ahead. You might also need a pen and a notebook to keep track of the baffling yet surprisingly huge figures that officials of the Ministry of Roads and Urban Development have…

The Iranian government's activities make up 60% of Iran's economy and amount to $251 billion (10 quadrillion rials converted at market exchange rate) of a $393 billion economy, the next year's…

The Office of the Vice Presidency for Women and Family Affairs has seen a 19% increase in the budget for the 2017-2018 fiscal year (starts March 2017), submitted to parliament on December 4. “The…

In President Hassan Rouhani’s budget for the next fiscal year (starts in March 2017), which was presented to the Majlis last week, the telecoms sector is likely to get a cut, initial reports show…

In President Hassan Rouhani’s budget for the next fiscal that was presented to the Majlis last week, science and technology are likely to get a boost, according to initial reports.