Iran budget
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MPs Ratify Budget Financial Measures
EghtesadOnline: Members of Iran’s Parliament ratified a number of financial measures relating to bonds, finance and loans among other things during their latest open session on Tuesday to discuss…
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Majlis Approves Budget
EghtesadOnline: Members of the Iranian Parliament agreed on a 12.17-quadrillion-rial ($269 billion) budget for the next Iranian year on Thursday with 148 votes in favor, 38 against and 3 abstentions.
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Iran Budget's Banking Measures Approved
EghtesadOnline: Lawmakers on Tuesday passed a number of measures related to the banking system and the National Development Fund of Iran while reviewing articles of the fiscal 2018-19 budget.
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Parliament Levies 1% Tax on Mineral Sales
EghtesadOnline: Parliamentarians have mandated the government to tax 1% of miners’ total sales and deposit the earnings with the treasury as part of the next fiscal year’s (March 2018-19) budget.
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Iran Parliament Sets Cap on Government Borrowing
EghtesadOnline: Iranian lawmakers set the ceiling on Sunday for government, ministries, universities and municipalities' bond issuance as part of the next year’s (March 2018-19) budget at an…
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New Income Tax Rates Determined
EghtesadOnline: As approved by the Iranian Parliament on Sunday, those with an annual income of less than 276 million rials ($5,872) will be exempt from paying income tax in the next Iranian…
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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…
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Iranian MPs Approve Budget Financial Measures
EghtesadOnline: Members of parliament in their latest open session on Saturday reviewed the details of the fiscal 2018-19 budget law and approved measures concerning finance, government resources…
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MPs Approve New Budget Outlines
EghtesadOnline: Iranian lawmakers approved the revised outlines of the budget for the next fiscal year (March 2018-19) on Wednesday, clearing the way for its detailed sectoral voting in the weeks…
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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…
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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…
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Iran Parliament Disapproves Proposed Budget Bill
EghtesadOnline: The Majlis on Sunday disapproved the outlines of the proposed budget for the upcoming fiscal year (March 2018-19).
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Iran Parliament to Discuss Next Year’s Budget
EghtesadOnline: The Iranian Parliament begins to discuss the Majlis Joint Commission’s version of the fiscal 2018-19 budget on Sunday.
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Budget Takes Aim at Wealth Inequality
EghtesadOnline: President’s Special Aide on Economic Affairs Masoud Nili said the income ratio of the poorest to the richest is 1 to 86 in Iran, which is an unacceptable and unfair disparity.
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Commission Approves Iran Budget Bill’s Outlines
EghtesadOnline: Majlis Joint Commission approved the outlines of the budget bill for the next fiscal year (March 2018-19) on Sunday and will weigh the details of the bill in the coming weeks,…
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11% More Tax Revenues Expected in Iran's Next Year Budget
EghtesadOnline: The government is counting on earning 1,287 trillion rials (about $30 billion) in tax revenues in the next fiscal year (March 2018-19) as per the budget bill submitted to parliament…
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Slashed Budget Spells Steel Overcapacity
EghtesadOnline: Iranian steelmakers are bracing for a year of overcapacity, as the government’s new budget bill is set to slash the development budget, negatively affecting steel usage in the…
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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…
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Iran's Next Year Budget Bill Presented to the Parliament: General Revenues Rise 6.5%
EghtesadOnline: President Hassan Rouhani presented the budget bill for the fiscal 2018-19 to the parliament on Sunday, a document he called a blueprint for generating employment, eliminating…
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Iran Budget Bill in Parliament on Sunday
EghtesadOnline: President Hassan Rouhani is scheduled to submit the budget bill for the upcoming fiscal year (March 2018-19) to the parliament on Sunday after the Cabinet approved it on Wednesday,…
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Iran Gov’t to Submit Budget Bill on Dec. 5
EghtesadOnline: The government will submit the budget bill of the next fiscal year (starting March 21, 2018) to the parliament on December 5, the government spokesman and president of Planning…
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Gov’t Mounts Sustained Effort to Manage Assets
EghtesadOnline: Facing the prospect of a shortage of assets and a gaping budget, the government, in partnership with other entities, organized the first conference on managing public sector assets…
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Iran's 4 Biggest Budget Spenders
EghtesadOnline: The ministries of defense, health and education as well as the Civil Servants Pension Organization consume the lion’s share of the government’s budget, the head of Planning and…
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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…
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PBO Chief: 96% of Budgetary Outlay Met
EghtesadOnline: Iran met 96% of the budgetary outlay of 2.94 quadrillion rials ($78.8 billion) for the last Iranian year (March 2016-17), the head of Planning and Budget Organization said.
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Iranian Budget Scrutinized
EghtesadOnline: Government tax revenues grew by 28.4% during the first 10 months of the previous Iranian year (started March 20, 2016) to reach 746.9 trillion rials.
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Budget’s Oil Dependence Declines to 30%
EghtesadOnline: The taxation policy of the Ministry of Economic Affairs and Finance has proven to be effective in reducing the dependency of Iran’s budget on oil revenues from 70% during the…
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Parliament Slashes Budget
EghtesadOnline: The parliament reduced the budget for the new Iranian year that starts on March 21 by 2.5 trillion rials ($67.6 million) as per the changes made by the Guardians Council—a state…
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Larijani: Guardians council approves amendment to next year’s budget
EghtesadOnline: Parliament Speaker Ali Larijani announced that the Council of Guardians has approved parliament’s amendments to next year budget.
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$30b Tax Income Next Year
EghtesadOnline: The budget law of the upcoming fiscal year (March 2017-18) has projected 1,150 trillion rials ($30.59 billion) in tax and customs revenues.