Major General Bagheri calls for budget increase in defense sector
MNA – Chief of Staff for the Armed Forces of the Islamic Republic of Iran Major General Mohammad Bagheri has called for…
Tag Archives: Iran’s budget
Jahangiri: Iran adapted its budget to zero oil income
IRNA – Iran’s First Vice President Eshaq Jahangiri said on Tuesday that Iran adapted its budget to zero oil income, as the…
Rouhani aide attacks watchdog saying no money disappeared from Iran’s budget
Radio Farda – President Hassan Rouhani’s Chief of Staff Mahmoud Vaezi has joined voices with other members of the cabinet to slam…
20% of Iran’s budget allocated to fight against coronavirus: Rouhani
MNA –Iranian President Hassan Rouhani said that 20 percent of the country’s annual budget is dedicated to combating coronavirus, also known as…
Iran would need oil at $195 a barrel next year to balance budget: IMF
Reuters – Iran would need oil priced at $194.6 a barrel to balance its budget next year, the International Monetary Fund (IMF)…
Iran Nat’l budget not to be reliant on oil revenues next year: Official
Tasnim – The head of Iran’s Plan and Budget Organization highlighted efforts to reduce the country’s reliance on oil revenues and said…
Iran to separate current budget from oil revenue: Gov’t spox
IRNA – The Iranian Government Spokesman Ali Rabiei said in his weekly press conference on Monday that Iran is trying to separate…
Only development projects to get oil revenues in Iran’s 2020-21 budget
Financial Tribune – Oil revenues are generated from selling the country’s capital assets and should be spent on augmenting capital assets, such…
No budget deficit in current year: PBO head
Tehran Times – Head of Iran’s Planning and Budget Organization (PBO) said despite the decrease in the country’s oil revenues the country…
Iran to cut budget dependency on oil revenues to zero: Nobakht
MNA – Head of the Plan and Budget Organization Mohammad-Bagher Nobakht said Sun. that the new reforms in the structure of the…
Iran: High time to end budget dependency on oil revenues
Financial Tribune – Delinking current expenditures from oil revenues must be given high priority, the head of Energy Commission of Iran Chamber…
Iran education lags despite nominal budget gains
Al Monitor | Mohammad Reza Niknejad: Excluding spending for state-owned enterprises, the Iranian government’s proposed budget for the coming fiscal year (beginning…
Will Iran’s oil revenues satisfy next year’s budget expectations?
MNA – Despite enjoying a great variety of income sources besides oil, Iran is undeniably dependent on oil revenues for managing its…
Iran to focus on non-oil exports: Speaker
IRNA – Iran will focus on non-oil exports in the new Iranian calendar year (starting on March 21, 2019), the parliament speaker…
Iran budget under scrutiny as oil revenues fall
Bourse and Bazaar | Navid Kalhor: Next week, President Hassan Rouhani will submit a budget proposal for the forthcoming Persian year (covering…
Economy Ministry names top budget spenders
Financial Tribune- Secrecy is a hard habit to ditch for governments. But at least it is becoming clearer that the executive branch…
CBI’s 10-month report shows: Budget deficit at $7 billion
Financial Tribune- The government’s overall revenues during the first 10 months of the current fiscal year (March 21, 2017-Jan. 20) amounted to…
Nobakht rejects rumors of $16bn regional aid costs
MNA– Cabinet Spokesman Nobakht dismissed foreign media rumors that the costs of Iran’s regional aids in Syria, Iraq and Yemen amount to…
Iran’s debt market emerges as key to economic future
Al-Monitor | Navid Kalhor: The rising issuance of various Islamic sukuk and, in particular, Islamic Treasury bills in the past three years in Iran is…
Iran’s 4 biggest budget spenders
Financial Tribune- The ministries of defense, health and education as well as the Civil Servants Pension Organization consume the lion’s share of…
Budget’s oil dependence declines to 30%
Financial Tribune- The taxation policy of the Ministry of Economic Affairs and Finance has proven to be effective in reducing the dependency…
Rouhani declares budget amendments to solve debt issues
President Hassan Rouhani has officially ordered the implementation of amendments to the Budget Law of 2016-17 to pave the way for the…
Majlis passes 9,000 trillion rials budget for current year
Tehran, April 19, IRNA – Majlis on Tuesday approved 9,000 trillion rials budget for the current Iranian year of 1395 (March 20,…
How Iran plans to cover its budget deficit
TEHRAN, Iran — Research shows that countries where businesses can easily raise funds in the bond market typically experience comparatively faster and stronger recoveries from…
Iran sticking to plans to free budget from oil revenues: Minister
TEHRAN (Tasnim) – Iran’s Minister of Economic Affairs and Finance Ali Tayyebnia reiterated the need to minimize the share of petrodollars in…
Iran next year budget based on $35-40 oil p/b
TEHRAN, Dec. 26 (Shana) – Head of Statistical Center of Iran said oil revenues for next year’s budget (21 March 2017 –…
Oil income to account for only 1/4 of next year’s budget: Iran’s President
TEHRAN (Tasnim) – Iranian President Hassan Rouhani announced on Wednesday that only 25 percent of the country’s next year budget will be…
President to submit next year budget bill to Majlis Tuesday
Tehran, Dec 6, IRNA – President Hassan Rouhani will submit the government’s bill on the budget for the next Iranian fiscal year…
Tax, customs revenue have lion’s share in budget
The budget law for the current Iranian] year (started March 21) has projected 750,000 billion rials ($25.8 billion) and 130,000 billion rials…
Budget oil dependence at lowest
TEHRAN June 15(Shana)–The dependence of Iran’s annual budget on petrodollars has fallen to its lowest level this calendar year, President Hassan Rouhani…
Iran budget facilitates investment
TEHRAN June 07(Shana)–Iran’s speaker of parliament has said that the budget law for the current calendar year clears the way for investment…
Oil revenues invested in infrastructure development
TEHRAN April 29(Shana)–The Islamic Republic of Iran has decided to reduce the share of oil revenues in its annual budget by spending…
President: Reliance on oil-revenues lowest in this year budget
Tehran, April 25, IRNA – President Hassan Rouhani said Iran is to experience the lowest reliance on oil-revenues in its history in…
Guardian Council approves budget plan for new year
Tehran, March 17, IRNA – Iranian Guardian Council approved next year’s budget plan and the parliament communicated it to the government on…
Iran transfers $1.15b worth of state shares to private sector
TEHRAN: Iran has transferred over $1.15 billion (38.386 trillion rials) worth of state shares to the private sector since the beginning of…
Parliament allocates 200bn Iran rials to mulching
TEHRAN March 02(Shana)–Lawmakers have reached an agreement to allocate 200 billion IR rials to mulching in next year’s budget in order to…
Iran parliament endorses fuel price hike
The Iranian parliament (Majlis) has approved a five-percent increase in fuel prices for the next fiscal year starting March 21, amid falling…
Parliament sets deadline for settlement of debts
TEHRAN Feb 17(Shana)–Iran’s parliament approved a law that gives Petroleum Ministry’s subsidiaries a two-year period for payment of their debt to Central…
Iranian lawmakers agree to allocate $300m for defense, security infrastructure
TEHRAN (ISNA)- Iranian lawmakers agreed to allocate over $300 million of the next year’s budget for boosting defense and security infrastructure of…
Next year budget less dependent on oil income
TEHRAN Feb 15(Shana)–A lawmaker in favor of next year’s general budget has said next year budget is less dependent on oil revenues…