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$52b Earmarked to Attract Expats

EghtesadOnline: Iranian lawmakers have added a new article to the budget for the upcoming fiscal year (March 2017-18) to attract US-based Iranian expatiates and their investments.
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Publish Date:01/March/2017 | 13:40

$92m Approved for Disadvantaged Regions

EghtesadOnline: Iranian lawmakers approved 3.5 trillion rials (over $92.7 million) in the budget earmarked for the promotion and implementation of industrial and mining projects in underprivileged areas across the country.
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Publish Date:01/March/2017 | 13:32

Iranian MPs Pass $104.6b General Budget

EghtesadOnline: The Iranian Parliament on Sunday passed Iran’s general budget for the upcoming new year (March 2017-18). The lawmakers put the figure at 3.98 quadrillion rials ($104.6 billion).
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Publish Date:27/February/2017 | 15:33

Parliament approves outlines of next year budget bill

EghtesadOnline: Outlines of the bill on budget for the next Iranian calendar year of 1396 (March 2017-March 2018) has been approved by parliament on 111 votes cast by MPs in its favor.
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Publish Date:22/February/2017 | 05:41

Budget Focus on Production to Curb Money Supply Growth

EghtesadOnline: A number of Iranian lawmakers and officials have voiced concern regarding the potential hazards of the steady increase in the country’s money supply (M2) in the past couple of years and called for measures to counter the alarming trend.
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Publish Date:02/February/2017 | 19:44

Cuts and Extensions in Iran's ICT 2017/18 Budget

EghtesadOnline; In President Hassan Rouhani’s budget for the next fiscal year (starts in March 2017), which was presented to the Majlis last week, the telecoms sector is likely to get a cut, initial reports show.
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Publish Date:17/December/2016 | 10:46

Pres. to submit budget bill of almost $100b on Dec. 4

EghtesadOnline: President Hassan Rouhani on Thursday announced the budget bill for the next Iranian fiscal year of 1396 (March 21, 2017-March 20, 2018) is 3,200,000 billion rials (about 100 billion dollars).
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Publish Date:04/December/2016 | 10:09

Rouhani submits budget bill to Majlis

EghtesadOnline: President Hassan Rouhani presented the draft budget for the next Iranian year (to start March 21, 2017) to the country’s Majlis (Parliament) on Sunday.
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Publish Date:04/December/2016 | 09:17

Majlis Approves Budget

EghtesadOnline: Members of the Iranian Parliament agreed on a 12.17-quadrillion-rial ($269 billion) budget for the next Iranian year on Thursday with 148 votes in favor, 38 against and 3 abstentions.
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Publish Date:24/February/2018 | 09:38

Iran Budget's Banking Measures Approved

EghtesadOnline: Lawmakers on Tuesday passed a number of measures related to the banking system and the National Development Fund of Iran while reviewing articles of the fiscal 2018-19 budget.
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Publish Date:14/February/2018 | 10:04

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

Former CBI Chief Enumerates Pattern of Budgeting Flaws

EghtesadOnline: Former governor of the Central Bank of Iran, Tahmasb Mazaheri, lays the blame for the first-ever rejection of the general outlines of the country’s budget by parliamentarians on hereditary problems that are not exclusive to next year’s (March 2018-19) budget bill and have been there for years.
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Publish Date:05/February/2018 | 14:23

Iranian MPs Approve Budget Financial Measures

EghtesadOnline: Members of parliament in their latest open session on Saturday reviewed the details of the fiscal 2018-19 budget law and approved measures concerning finance, government resources and bonds, among other things.
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Publish Date:04/February/2018 | 07:00

Cash Subsidy Budget Boosted by $1.5b

EghtesadOnline: The budget allocated to cash subsidy payments in the next fiscal year (starting March 21) has increased by 70 trillion rials ($1.55 billion) to reach 300 trillion rials ($6.66 billion) after lawmakers called for a revision of the budget bill, a member of the commission said.
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Publish Date:31/January/2018 | 07:21

Iran's Budget Debate in Final Lap

EghtesadOnline: The Subsidy Reform Plan and the pricing of energy carriers topped the agenda of Majlis Joint Commission in its sessions to revise the rejected budget bill for the next fiscal (March 2018-19) on Monday.
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Publish Date:30/January/2018 | 15:19

Gov’t Spending Tops Revenues

EghtesadOnline: Iran’s budget deficit came in wider than expected in the first seven months of the current fiscal year (March 21-Oct. 22) to reach 223.9 trillion rials ($5.3 billion), according to the Central Bank of Iran's latest report.
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Publish Date:19/December/2017 | 05:34

Gov’t Mounts Sustained Effort to Manage Assets

EghtesadOnline: Facing the prospect of a shortage of assets and a gaping budget, the government, in partnership with other entities, organized the first conference on managing public sector assets and increasing their productivity in Tehran on Sunday.
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Publish Date:23/October/2017 | 09:24