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  • 07-01-20

    About USD13 billion to be Iran's budget deficit for next year

    (MENAFN) According to Director of Supreme Audit Court of Iran Adel Azar, for next year (March 21, 2020-March 21, 2021), Iran's budget shortage is likely to be about USD13 billion.


    This figure will be attained if a 15 percent climb in spending calculated by the Iranian government is added to the budget project and the rest is calculated based on the budget function of the recent year, as said by Azar.


    The Iranian government has made a correct estimate about oil prices in the budget and some problems need to be studied in association with the allocation of money to different projects from Iran's National Development Fund, the director Azar said.


    The draft budget for the next Iranian year value about USD115 billion was presented by Iranian President Hassan Rouhani to the parliament on December 8 and after consideration, the budget for the next year will be approved by the Iranian parliament.

    MENAFN0701202000450000ID1099516971

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