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Presidential Advisor Outlines 6 Challenges of Iran’s Economy

EghtesadOnline: Water crisis, environmental woes, crumbling pension funds, banking troubles, budget deficit and unemployment are six major challenges of Iran’s economy, the senior economic advisor to President Hassan Rouhani said.
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Publish Date:08/March/2017 | 16:06

Inflation-Adjusted Budgets “Not Expansionary”

EghtesadOnline: Government Spokesman Mohammad Baqer Nobakht said the expansion of Iran’s budget during the administration of President Hassan Rouhani has not kept pace with inflation.
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Publish Date:01/March/2017 | 06:02

More Tax Revenues in Budget Face Collection Challenges

EghtesadOnline: The budget for the upcoming Iranian year (starting March 20, 2017) stipulates that the government will earn 1.13 quadrillion rials ($29.89 billion) from taxation–21% more than what is expected this year, the head of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
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Publish Date:25/February/2017 | 13:54

Iran’s Budget Deficit: $7b in 9 Months

EghtesadOnline: Iran’s budget deficit for the three quarters of the current fiscal year (March 20-December 20, 2016) amounted to 268.9 trillion rials ($7 billion), according to the latest data released by the Central Bank of Iran.
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Publish Date:19/February/2017 | 05:41

Development Projects: Iranian Budget Underdog

EghtesadOnline: Budget deficit is taking its toll on Iran’s infrastructure development, leading to under-investment and worsening recession in industries.
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Publish Date:13/February/2017 | 06:17

Iran's Next Budget Focuses on Railroad, Environment, Water

EghtesadOnline: Railroads, environment and water and sewage are top priorities of the budget for the next fiscal year (March 2017-18), as 100 trillion rials ($2.6 billion) have been earmarked for the development of these sectors, says government spokesperson, Mohammad Baqer Nobakht.
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Publish Date:11/February/2017 | 06:14

Gov’t Urged to Cut Spending

EghtesadOnline: Two-thirds of government expenditures are unnecessary, the parliament speaker said.
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Publish Date:06/February/2017 | 14:56

$7.5 Billion Allocated to Unfinished Projects

EghtesadOnline: In the budget bill for the upcoming Iranian year (to start March 21, 2017), the government has earmarked 300 trillion rials ($7.5 billion at market exchange rate) for the completion of unfinished development projects.
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Publish Date:21/January/2017 | 05:16