EghtesadOnline: The government will allocate 6,590 billion rials ($164 million) in loans and 2,810 billion rials ($70 million) as grants to households in the quake-stricken Kermanshah Province in western Iran, said Government Spokesman Mohammad Baqer Nobakht in Wednesday’s Cabinet meeting.
EghtesadOnline: Foreign investment in Iran has seen a tenfold increase following the 2015 nuclear deal reached between Iran and six world powers, the government spokesman said.
EghtesadOnline: The rail route between the two Iranian cities of Qazvin and Rasht, which is the missing link in the International North-South Transport Corridor, will become operational by the end of the current Iranian year (March 20, 2018), vice president for planning and strategic supervision who also doubles as the head of Planning and Budget Organization said.
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 and Budget Organization, Mohammad Baqer Nobakht, said on Tuesday.
EghtesadOnline: The government has handed over 4,131 abandoned development projects to the private sector, the head of Planning and Budget Organization of Iran said.
EghtesadOnline: Iran’s villages are being deserted by their inhabitants slowly but steadily.
EghtesadOnline: Over the years of the first term of President Hassan Rouhani (Aug. 2013-17), the government ensured that the rise in civil servants’ salaries exceed inflation, which has been the case since 2014-15.
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 Budget Organization of Iran said.
EghtesadOnline: An Iranian official says the historic 2015 nuclear agreement between Iran and the P5+1 group of countries was a deal among six countries, including the United States, warning that Washington will become isolated if it takes any action to walk out of it.
EghtesadOnline: According to Article 28 of the Sixth Five-Year Development Plan (2017-2022), the government’s current spending should reduce by 5% by the end of the next fiscal year (March 2019), the head of Planning and Budget Organization of Iran said on Monday.