Mohammad Baqer Nobakht
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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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Government Spokesman: 4.85m Cut From Cash Subsidy List
EghtesadOnline: Government Spokesman Mohammad Baqer Nobakht said on Saturday that 4,853,386 people have been removed from the list of cash subsidies recipients as of January 20.
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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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Gov’t Plans to Issue Bonds Worth $2.2b
EghtesadOnline: The government plans to issue 85 trillion rials ($2.23 billion) of Islamic Treasury Bonds in the near future to fund incomplete projects across the country, the chairman of Iran…
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Debt Clearance, Bank Recapitalization at the Heart of Gov't Economic Plans
EghtesadOnline: Empowering the Iranian banking system in terms of lending, capital buffer and bad debt recovery took center-stage at the latest major economic conference focused on investment…
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Gov’t Pays Health Insurance Arrears
EghtesadOnline: The government has settled a significant portion of its debts to the health insurance sector, announced the government spokesman.
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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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Cash Subsidy Scheme Taking Heavy Toll on Gov’t Finances
EghtesadOnline: The lion’s share of revenues earned from the removal of subsidies on fuel is spent on paying cash handouts to households, the government spokesman said.
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Iran's Non-Oil Growth at 4.5% in H1
EghtesadOnline: Iran's economic growth during the first half of the current fiscal year (started March 20), excluding the oil sector, stood at 4.5%, the government spokesman and president of…
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Nobakht: Shifting in national currency serves to facilitate exchanges
EghtesadOnline: Vice President and Head of Planning and Budget Organization Mohammad Baqer Nobakht said that shifting Iran's national currency from rial to toman serves the objective of facilitating…
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Iran Inflation rate stands at 8.8 percent
EghtesadOnline: The Central Bank of Iran (CBI) announced on Monday that the inflation rate reached 8.8 percent in the 12-month period leading to the Iranian calendar month of Shahrivar (ended…
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Businesses, Gov’t Officials Support FATF Membership
EghtesadOnline: Amid feverish debate surrounding Iran’s future relationship with the Financial Action Task Force (FATF), more government officials and private sector leaders are speaking strongly…
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Islamic Banking confab opens in Tehran
EghtesadOnline: The 27th Conference on Islamic Banking opened in Tehran in the presence of government spokesman Mohammad Baqer Nobakht, Minister of Economy and Finance Ali Tayyebnia, Governor…
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Nobakht: Iranian national security encouraging foreign investment
EghtesadOnline: Government spokesman and head of the Management and Planning Organization Mohammad Baqer Nobakht said on Friday that Iranian national security is encouraging foreign investment…
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Iran oil exports over 2.5mb/d in spring
EghtesadOnline: Head of Plan and Budget Organization announced that Iran on average exported over 2.5 million barrels of oil per day during the first three months of the Iranian calendar that…