Iran budget
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Cultural Budget Increases
EghtesadOnline: The share of cultural projects in the new budget (March 2017-18) has increased from 2.42% to 2.48%, said the government spokesman, Mohammad Baqer Nobakht.
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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…
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Iran’s parliament ratifies budget bill for next year
EghtesadOnline: Majlis (Iranian parliament) on Sunday approved the country’s budget for the next Iranian year of 1396 (March 2017-March 2018).
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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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$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…
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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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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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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…
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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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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…
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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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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…
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Gov’t Urged to Cut Spending
EghtesadOnline: Two-thirds of government expenditures are unnecessary, the parliament speaker said.
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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…
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$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…
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Housing Budget Gets Mixed Parliamentary Reviews as Recession Fears Resurface
EghtesadOnline: The housing sector's share in the Iranian annual budget has garnered mixed reactions from members of the Majlis Civil Affairs Committee.
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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,…
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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…
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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.