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budget deficit

  • EghtesadOnline: The budget deficit is on course to reach 4,640 trillion rials ($16.79 billion) in the fiscal 2021-22 while the government is also facing an unfunded deficit of roughly 30%, or 3,830 trillion rials ($13.86 billion).

  • EghtesadOnline: Finding new tax bases is one of the parliament’s key tools to tackle budget deficit in the next fiscal year (starting March 21).

  • EghtesadOnline: In a report on the economy in the next March 2021-22 fiscal year, the Majlis Research Center said inflation will largely be the inability of the government performance in realizing its budget projections and the stabilizing monetary variables.

  • EghtesadOnline: Iran’s budget deficit in the first half of the current year (March 21-Sept. 22) hit 632.8 trillion rials ($5.59 billion), Mohammad Hosseini, a member of Majlis Plan and Budget Commission said.

  • EghtesadOnline: In need of new sources of revenue to compensate for the budget deficit emanating from steep declines in oil exports and reduce the ballooning liquidity, the idea of taxing bank deposits has come to the fore again, raising the possibility that the government may introduce the scheme in the 2020-21 fiscal budget.

  • EghtesadOnline: The Ministry of Economy will issue Islamic financial securities worth 380 trillion rials ($3.3 billion) to partly compensate the budget deficit for the current fiscal year (March 2019-20).

  • EghtesadOnline: At a time when the country is grappling with new US sanctions and extraordinary economic challenges, reports speak about billions in pending taxes, which if paid can go a long way in plugging the government’s budget deficits.

  • 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: Iran’s budget deficit came in bigger than expected in the first nine months of the current fiscal year (March 21-Dec. 21, 2018) to hit 451.1 trillion rials ($3.8 billion), latest data released by the Central Bank of Iran show.

  • EghtesadOnline: Iran’s budget deficit came in bigger than expected in the first seven months of the current fiscal year (March 21-Oct. 22) to reach 391.4 trillion rials ($3.83 billion), the latest data released by the Central Bank of Iran show.