(MENAFN) According to head of Iran's Planning and Budget Organization (PBO), USD6.9 billion has been paid for development projects in the country during the first half of the current Iranian calendar year (March 21-September 22), Tasnim news agency reported.Mohammad Baqer Nobakht made the remarks on Tuesday during a conference on the occasions of the National Statistics Day.

The remarks were made by Mohammad Baqer Nobakht on Tuesday during a conference on the occasions of the National Statistics Day.Last week, the official had announced that USD10.2 billion is going to be assigned for development projects in the next year's budget plan, 53 percent up from the figure for the current year.

Nobakht said on the sidelines of the 12th meeting of the budget headquarters on October 14, "We intend to invest as much as we can in development sector in the next [Iranian calendar] year (starts on March 19, 2020), so we have increased the budget for this sector by 53 percent to achieve significant growth,"

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