EghtesadOnline: Iran’s 4,480-trillion-rial ($37.64 billion) budget for the current fiscal year (March 2019-20) is based on the sale of 300,000 barrels of oil per day, the deputy head of Plan and Budget Organization said.
EghtesadOnline: Tehran Chamber of Commerce, Industries, Mines and Agriculture has put forward three specific proposals for the government to carry out a structural overhaul of its budget.
EghtesadOnline: The Central Bank of Iran is trying to find ways to plug the budget deficit and avoid printing more money, says the CBI governor Abdolnaser Hemmati.
EghtesadOnline: The next fiscal budget (March 2019-29) has allocated 5.4 trillion rials ($41.5million) for the Vice Presidential Office for Science and Technology, up 11% compared to the funds made available in the outgoing year.
EghtesadOnline: President Trump's fiscal 2020 budget request includes $21.02 billion for NASA, funding the agency's ongoing efforts to develop commercial spacecraft and infrastructure in low-Earth orbit and to press ahead with construction and launch of the world's most powerful rocket and the Orion crew ships that will carry astronauts back to the moon.
EghtesadOnline: A study by Tehran Stock Exchange about the role and significance of the capital market in next year's (March 2019-20) budget – currently being debated in the parliament – has concluded that the prospects for the capital market looks promising.
EghtesadOnline: The research arm of the Majlis in a new assessment of next year's proposed budget, says government revenues predicted for fiscal 2019-20 are unlikely to materialize.
EghtesadOnline: Proposed funding in the next year budget plan for the principal amount and interest on bonds issued the by government in the current fiscal (ends March 2019) is 304 trillion rials ($2.8 billion).
EghtesadOnline: The Majlis Research Center, the parliament’s research arm, has taken a dim view of the preferential forex rate policy of the government in the past months and warned about the perpetuation of failed tried and tested policies in the coming year as seen in the proposed 2019-20 budget bill.
EghtesadOnline: In the coming fiscal that begins in March, the government expects to generate 99 trillion rials ($926 million) from taxes and duties on car production and imports along with auto-related services plus traffic and driving tickets.