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Putin Government Rewriting Budget at $20 Oil in 2020

EghtesadOnline: President Vladimir Putin’s government is rewriting its budget to prepare for oil prices at $20 a barrel this year despite US-led efforts to get major producers to rein in production.
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Publish Date:05/April/2020 | 19:30

Tehran Mayor Submits Next Budget

EghtesadOnline: Tehran Mayor Pirouz Hanachi submitted the budget for the next fiscal year (March 2020-21) to the capital city’s Islamic City Council on Sunday.
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Publish Date:04/February/2020 | 13:03

Indian Budget Allocates Close to $14 Million to Chabahar Port Project

EghtesadOnline: In India, Rs17,300 crore ($2.41 billion) have been allocated for the Ministry of External Affairs in the budget, with Rs100 crore ($13.98 million) earmarked for the strategic Chabahar Port project in southeastern Iran, which gives India connectivity to Afghanistan bypassing Pakistan.
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Publish Date:03/February/2020 | 24:48

EGFI Wants to Double Capital

EghtesadOnline: Export Guarantee Fund of Iran, a state-owned export credit agency, is set to increase its capital by €100 million in the next (March 2020-21) budget and it is working hard to further increase this amount to enhance performance.
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Publish Date:22/December/2019 | 24:34

Subsidized Forex Maintained in Iran's 2020-21 Budget

EghtesadOnline: Despite persistent calls by economic experts and academia on the government to scrap subsidized currency allocations, it appears that the controversial forex policy to pay for importing basic goods, will be sustained in next year’s budget (March 2020-21).
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Publish Date:30/November/2019 | 11:30

Budget Without Oil May Impair Stock Market Performance

EghtesadOnline: With US sanctions on the oil industry taking a toll on the economy, including the national budget, the government has again pledged to reduce dependency on oil exports to zero and prepare the next budget (March 2020-21) without oil revenues.
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Publish Date:07/October/2019 | 13:34

Iran Gov’t to Submit Iran's Next Budget on November 6

EghtesadOnline: 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 spending a month later, on Dec. 6, said the head of PBO, Mohammad Baqer Nobakht.
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Publish Date:02/October/2019 | 11:40

Iran’s Budget Steers Clear of Oil Money

EghtesadOnline: 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 Organization said.
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Publish Date:28/July/2019 | 11:52

Iran: Private Sector Proposes Government Budget Reforms

EghtesadOnline: Tehran Chamber of Commerce, Industries, Mines and Agriculture has put forward three specific proposals for the government to carry out a structural overhaul of its budget.
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Publish Date:20/July/2019 | 10:33

Central Bank of Iran: 3 Ways to Plug Budget Holes

EghtesadOnline: The Central Bank of Iran is trying to find ways to plug the budget deficit and avoid printing more money, says the CBI governor Abdolnaser Hemmati.
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Publish Date:23/June/2019 | 08:56

$41.5 Million for Tech Sector in Iran’s 2019-20 Budget

EghtesadOnline: 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 the outgoing year.
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Publish Date:16/March/2019 | 24:59

For Funding Missions to Moon and Mars NASA Unveils $21b Budget Request

EghtesadOnline: President Trump's fiscal 2020 budget request includes $21.02 billion for NASA, funding the agency's ongoing efforts to develop commercial spacecraft and infrastructure in low-Earth orbit and to press ahead with construction and launch of the world's most powerful rocket and the Orion crew ships that will carry astronauts back to the moon.
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Publish Date:13/March/2019 | 14:21

Larger Capital Market Role in 2019-20 Budget

EghtesadOnline: 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 prospects for the capital market looks promising.
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Publish Date:26/February/2019 | 24:01

$2.8b Proposed for Bond Repayment in Iran's Next Budget

EghtesadOnline: 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).
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Publish Date:05/January/2019 | 15:17

Iran Parliament’s Think Tank: Forex Subsidy Policy Impractical

EghtesadOnline: The Majlis Research Center, the parliament’s research arm, has taken a dim view of the preferential forex rate policy of the government in the past months and warned about the perpetuation of failed tried and tested policies in the coming year as seen in the proposed 2019-20 budget bill.
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Publish Date:02/January/2019 | 13:32

Next Tax Structure Eyes Car Owners: Iran Budget 2019-20

EghtesadOnline: 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 services plus traffic and driving tickets.
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Publish Date:01/January/2019 | 13:12

Iran ICT Ministry Glum About Proposed 2019-20 Budget

EghtesadOnline: 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 Rouhani.
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Publish Date:29/December/2018 | 10:42

Leader Calls for Undertaking Structural Reforms in Budget

EghtesadOnline: 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 Islamic Revolution Ayatollah Seyyed Ali Khamenei.
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Publish Date:19/December/2018 | 09:58