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Iran budget deficit

  • EghtesadOnline: The Iranian government's balance sheet for the last fiscal year (March 2017-18) shows major improvement compared to the preceding year, as revenues got a boost in line with curbs on spending.

  • EghtesadOnline: Budget deficit, the mismatch between the government’s spending commitments and what it is projected to earn in oil revenues, taxes and other sources of income, has been a way of life for Iranian governments for most years since the early 2000s.

  • EghtesadOnline: Iran's government spent 316.3 trillion rials ($5.27 billion) on development projects in the first 11 months of the last fiscal year (March 21, 2017-Feb. 19), 70.1% more than the similar period of the year before.

  • EghtesadOnline: The government’s overall revenues during the first 10 months of the current fiscal year (March 21, 2017-Jan. 20) amounted to 421.9 trillion rials ($8.97 billion), posting a rise of 28.2% over last year's corresponding period, while its spending hit 757 trillion rials ($16.1 billion) to register a 28% growth year-on-year.

  • EghtesadOnline: The government’s overall revenues during the first nine months of the current fiscal year (March 21-Dec. 21, 2017) stood at 340.3 trillion rials ($7.24 billion), registering a rise of 27.8% compared with last year's corresponding period, while its spending hit 725.7 trillion rials ($15.44 billion) during the period to record a 35.6% growth year-on-year, the Central Bank of Iran's latest report said.

  • EghtesadOnline: To cover its widening budget deficit of 395.4 trillion rials ($8.98 billion) in the first eight months of the current fiscal year (March 21-Nov. 21), the government had to issue 106% more bonds compared with the corresponding period of last year.

  • EghtesadOnline: The government has a record of running budget deficits. Latest statistics by the Central Bank of Iran show the budget deficit over the first seven months of the current fiscal year (March 21-Oct. 22) stood at 223.9 trillion rials ($5.3 billion).

  • 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 to the Central Bank of Iran's latest report.

  • EghtesadOnline: Iran’s budget deficit came in wider than expected in the five months of the current fiscal year (March 21-Aug. 22) and reached 182.7 trillion rials ($4.56 billion), the latest data released by the Central Bank of Iran showed.

  • 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 2017-18).