tag compensate

Taxing Bank Deposits Will Have Implications

EghtesadOnline: In need of new sources of revenue to compensate for the budget deficit emanating from steep declines in oil exports and reduce the ballooning liquidity, the idea of taxing bank deposits has come to the fore again, raising the possibility that the government may introduce the scheme in the 2020-21 fiscal budget.
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Publish Date:12/October/2019 | 13:08

Gov’t to Sell $3.3b in Bonds to Plug Budget Deficit

EghtesadOnline: The Ministry of Economy will issue Islamic financial securities worth 380 trillion rials ($3.3 billion) to partly compensate the budget deficit for the current fiscal year (March 2019-20).
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Publish Date:23/September/2019 | 13:18