tag Iran government Borrowing

Gov’t Borrowing Doubles to Cover Ballooning Deficit

EghtesadOnline: To cover its widening budget deficit of 395.4 trillion rials ($8.98 billion) in the first eight months of the current fiscal year (March 21-Nov. 21), the government had to issue 106% more bonds compared with the corresponding period of last year.
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Publish Date:21/January/2018 | 09:05

Iran Parliament Sets Cap on Government Borrowing

EghtesadOnline: Iranian lawmakers set the ceiling on Sunday for government, ministries, universities and municipalities' bond issuance as part of the next year’s (March 2018-19) budget at an aggregate of 1.78 quadrillion rials (about $38.86 billion at current exchange rate).
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Publish Date:05/February/2018 | 14:41