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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

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

$76 Billion for Creating 1m Jobs

EghtesadOnline: As per the budget bill of the next fiscal year (starting March 21), the government will allocate a total of 3,270 trillion rials ($76 billion) to create more than 1.03 million jobs, the government spokesman said.
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Publish Date:13/January/2018 | 08:59

Commission Sets Cap for Bond Sales in Next Fiscal Year

EghtesadOnline: The Majlis Joint Commission has given the nod to most of the government’s proposed figures in the budget bill for the next fiscal year (starting March 21) regarding the issuance of Islamic debt securities.
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Publish Date:10/January/2018 | 11:22

Iranian Banks’ Incomes, Expenses Projected for 2018-19

EghtesadOnline: The total projected income of eight Iranian state-owned banks, plus the Central Bank of Iran, has been put at 845.2 trillion rials ($20.09 billion) in the budget bill submitted to the parliament by President Hassan Rouhani, indicating an annual rise of more than 86 trillion rials ($2.04 billion) in revenue for the fiscal 2018-19.
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Publish Date:11/December/2017 | 08:05