Budget - page 2

MPs Finally Approve Outline of Fiscal 2021-22 Budget Bill

EghtesadOnline: Lawmakers finally approved the outlines of the fiscal 2021-22 budget revised by the government on Tuesday with 211 votes in favor and 28 against, while six MPs abstained from voting.

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Publish Date:17/February/2021 | 20:01

Gov’t to Submit Revised Budget Bill to Parliament

EghtesadOnline: The government will submit a new budget bill to the Iranian Parliament.

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Publish Date:09/February/2021 | 19:25

$38m Earmarked for Covid-19 Vaccine in New Budget Bill

EghtesadOnline: The government has estimated 10 trillion rials ($38.46 million) for the procurement of coronavirus vaccine in the budget bill of the next fiscal year (March 2021-22), an official with Plan and Budget Organization and spokesperson of Budget 1400 Headquarters said.

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Publish Date:09/December/2020 | 15:58

$8.5m Allocated to Qazvin-Zanjan Rail Project

EghtesadOnline: The government has allocated 2 trillion rials ($8.5 million) for the completion of Qazvin-Zanjan double-tracking rail project, the head of Plan and Budget Organization said.

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Publish Date:03/August/2020 | 08:32

Next Budget to Help Streamline Isfahan’s Public Transportation

EghtesadOnline: As projected in the draft budget of the fiscal 2020-21, the government has earmarked 26 trillion rials ($180.5 million) for streamlining public transportation development in Isfahan.

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Publish Date:29/February/2020 | 07:15

Iran's Next Transportation Budget at $872m

EghtesadOnline: A total of 118.18 trillion rials ($872.17 million) have been allocated for the transportation sector in the next fiscal year's (March 2020-21) budget bill, of which 95.3% will be spent on development projects and 4.7% on operating expenses.

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Publish Date:16/February/2020 | 05:11

Urban Bus Fleet to Get Facelift

EghtesadOnline: As projected in the draft budget for fiscal 2020-21, the government has earmarked 50 trillion rials ($367 million) for upgrading the bus fleet.

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Publish Date:28/January/2020 | 10:58

Iran Gov’t to Sell $360m Sukuk Bonds

EghtesadOnline: The Ministry of Economy plans to sell Manfa’at Sukuk bonds worth 47 trillion rials ($361 million) on January 25 as part of financial measures to compensate budgetary needs in current fiscal year that ends in March.

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Publish Date:25/January/2020 | 24:56

Public Transport Expansion Poses Funding Challenges

EghtesadOnline: Public transportation expansion projects have become a challenging task for managers in Iranian metropolises because of rising demand on the government’s budget.

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Publish Date:29/December/2019 | 11:52

IMF: Iran Would Need $195 Oil Next Year to Balance Budget

EghtesadOnline: Iran would need oil priced at $194.6 a barrel to balance its budget next year, the International Monetary Fund said.

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Publish Date:30/October/2019 | 11:29

MRC Urges New Revenues to Plug Budget Holes

EghtesadOnline: 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.

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Publish Date:12/January/2019 | 14:13

435 Trillion Rials in Bonds Proposed in 2019-20 Budget

EghtesadOnline: Provisions of Note 5 of next year’s budget give details about Islamic bonds the government intends to issue in the next fiscal year that begins in March 2019.

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Publish Date:30/December/2018 | 11:13

Road Accidents Blamed on Dwindling Budget

EghtesadOnline: One of the reasons behind road accidents in Iran is the declining budget of the Islamic Republic of Iran Road Maintenance and Transportation Organization–the executive arm of the Ministry of Roads and Urban Development, the spokesperson of Majlis Development Commission, Sodeif Badri, said.

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Publish Date:30/September/2018 | 05:47

The Government and Financial Burden of Judicial Decisions

EghtesadOnline: The government and the executive bodies are not entitled to make a decision that imposes a financial burden not covered by the Budget Law.

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Publish Date:25/June/2023 | 22:28

Annual Budget Forecasts Increase in Banks' Income

EghtesadOnline: Net earnings of eight state-owned banks and the Central Bank of Iran has been forecast at 3,247.7 trillion rials ($6.186 billion) in the March 2023-24 draft budget.

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Publish Date:10/March/2023 | 19:51

Non-Transparent Budget Unworthy of Analysis: Economic Expert

EghtesadOnline: Many experts believe that the newly-unveiled budget bill for the fiscal 2023-24 suffers from countless structural problems.

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Publish Date:27/January/2023 | 21:08

Tax Revenues to Increase by 50% in Fiscal 2023-24 Budget

EghtesadOnline: A significant part of the 50% rise in tax income owes to high inflation, which is expected to remain above 40%

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Publish Date:28/December/2022 | 22:03

H1 Tax Revenues Hit $7 Billion

Average monthly tax earnings increased from 150 trillion rials ($454 million) in the fiscal 2020-21 to 250 trillion rials ($757 million) in 2021-22 and to 400 trillion rials ($1.2 billion) in 2022-23.

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Publish Date:31/October/2022 | 21:40

CBI Rebuffs Majlis Move to Raise Forex Rates in Budget

EghtesadOnline: The Governor of the Central Bank of Iran Abdolnasser Hemmati criticized the parliament’s decision to raise forex rates for importing essential goods, saying that it would negatively impact monetary variables.

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Publish Date:05/January/2021 | 18:54

Next Fiscal Year’s Budget Deficit Could Widen Fivefold

EghtesadOnline: The government’s budget deficit (the excess of spending over revenue) is estimated to reach 3,190 trillion rials ($12.26 billion) as per the budget bill of next fiscal year (March 2021-22), i.e. five times the projected figure of the current year, says top advisor to the president of Tehran Chamber of Commerce, Industries, Mines and Agriculture and former official with Industries Ministry.

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Publish Date:15/December/2020 | 15:28