CBI’s 10-Month Report Shows: Budget Deficit at $7 Billion

EghtesadOnline: The government’s overall revenues during the first 10 months of the current fiscal year (March 21, 2017-Jan. 20) amounted to 421.9 trillion rials ($8.97 billion), posting a rise of 28.2% over last year's corresponding period, while its spending hit 757 trillion rials ($16.1 billion) to register a 28% growth year-on-year.

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Publish Date:14/March/2018 | 13:23

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 Gov’t Seeking New Revenues to Cover Budget Deficit

EghtesadOnline: The government has a record of running budget deficits. Latest statistics by the Central Bank of Iran show the budget deficit over the first seven months of the current fiscal year (March 21-Oct. 22) stood at 223.9 trillion rials ($5.3 billion).

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Publish Date:14/January/2018 | 13:54

Iran Budget Deficit Estimated at $9.6b

EghtesadOnline: Head of Planning and Budget Organization Mohammad Baqer Nobakht expects the government to run up a 370-trillion-rial ($9.6 billion) budget deficit in the current fiscal year (March 2017-18).

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Publish Date:26/August/2017 | 07:33

Economist Probes Root Causes of Iran’s Soaring Budget Deficit

EghtesadOnline: Iran’s widening budget deficit, resulting mostly from fundamental budgetary issues, has raised concerns that bigger financial problems could emerge in the future for the government that is already facing serious challenges in terms of resources.

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Publish Date:02/August/2017 | 10:41

Last Year’s Budget Deficit Tops $7b

EghtesadOnline: Iran’s budget deficit stood at 288.5 trillion rials ($7.62 billion) in the last fiscal year (March 2016-17), indicating a 50.8% rise compared with the year before, the Central Bank of Iran announced.

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Publish Date:12/July/2017 | 08:19

Iran's Budget Deficit Improves

EghtesadOnline :Iran’s budget deficit for the 11 months of the last Iranian year (March 20-Feb. 18, 2016) stood at 232.9 trillion rials ($6.2 billion), showing a 23% decline compared with the similar period of a year before, the Central Bank of Iran said.

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Publish Date:22/April/2017 | 03:23

Iran Budget Deficit Growth Slows

EghtesadOnline: The Iranian government's balance sheet for the last fiscal year (March 2017-18) shows major improvement compared to the preceding year, as revenues got a boost in line with curbs on spending.

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Publish Date:15/July/2018 | 04:24

Acute Deficiencies in Iran’s Budgetary System

EghtesadOnline: Budget deficit, the mismatch between the government’s spending commitments and what it is projected to earn in oil revenues, taxes and other sources of income, has been a way of life for Iranian governments for most years since the early 2000s.

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Publish Date:18/April/2018 | 24:16

Iran: Narrowing Budget Deficit Ups Development Spending by 70%

EghtesadOnline: Iran's government spent 316.3 trillion rials ($5.27 billion) on development projects in the first 11 months of the last fiscal year (March 21, 2017-Feb. 19), 70.1% more than the similar period of the year before.

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Publish Date:11/April/2018 | 05:39

Iran Budget Deficit Tops $8b (Mar-Dec 2017)

EghtesadOnline: The government’s overall revenues during the first nine months of the current fiscal year (March 21-Dec. 21, 2017) stood at 340.3 trillion rials ($7.24 billion), registering a rise of 27.8% compared with last year's corresponding period, while its spending hit 725.7 trillion rials ($15.44 billion) during the period to record a 35.6% growth year-on-year, the Central Bank of Iran's latest report said.

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Publish Date:12/February/2018 | 06:32

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

Iran Budget Deficit Hits $4.5b

EghtesadOnline: Iran’s budget deficit came in wider than expected in the five months of the current fiscal year (March 21-Aug. 22) and reached 182.7 trillion rials ($4.56 billion), the latest data released by the Central Bank of Iran showed.

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Publish Date:16/October/2017 | 14:23

As Iran Oil Revenues Rise, So Does Spending

EghtesadOnline: The latest data released by the Central Bank of Iran show that as oil revenues jumped in the first quarter of the current fiscal year (March 21-June 21), higher spending and lower tax revenues have widened the budget deficit.

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Publish Date:15/August/2017 | 14:23

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