IHIO Budget Over $4.2b Next Year

EghtesadOnline: 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 said.

News ID: ۷۷۴۵۹۴

13 March 2017

This follows the announcement by Saeed Namaki, the deputy head of Management and Planning Organization of Iran, that the budget allocated to the organization has seen a 100% rise in the upcoming fiscal year compared to last year, according to Financial Tribune.

“The organization began the current Iranian year (March 2016-17) with outstanding debts amounting to 46 trillion rials ($1.22 billion), which currently amounts to 97 trillion rials ($2.58 billion),” the Persian daily Taadol quoted Namaki as saying.