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Tehran Province Seeking Bigger Share of Budget

EghtesadOnline: Tehran Province has called for revising the current system of allocating provincial budget, so that factors like the provinces' population and living costs are taken into account.
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Publish Date: 15/November/2020 | 15:32

Tehran Province Seeking Bigger Share of Budget

EghtesadOnline: Tehran Province has called for revising the current system of allocating provincial budget, so that factors like the provinces' population and living costs are taken into account.
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Publish Date: 15/November/2020 | 15:32

Share Offers Here to Stay

EghtesadOnline: Government policy to sell stakes in state-run companies will continue to generate revenue for the next fiscal budget (March 2021-22), head of the Plan and Budget Organization said.
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Publish Date: 19/September/2020 | 24:04

Tax on Production Sector to Shift to Consumers

EghtesadOnline: A 4-5% decline in the production sector’s tax rates has been envisioned in the next fiscal year's budget (March 2021-22).
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Publish Date: 15/September/2020 | 10:00

Deliberations on Fiscal 2021-22 Budget Commence

EghtesadOnline: The Plan and Budget Organization held the first meeting of the so-called Headquarters for the Fiscal 2021-22 Budget on Saturday evening.
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Publish Date: 24/August/2020 | 11:54

Central Bank of Iran Sees Reason in Gov’t Oil Presale Proposal

EghtesadOnline: The governor of Central Bank of Iran has backed a government crude oil presale plan of action for domestic buyers, saying that it is one of the few government options to fund the budget deficit in a “healthy” manner.
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Publish Date: 13/August/2020 | 09:22

Investors Pour $695m in Exchange-Traded Funds

EghtesadOnline: The government earned 160 trillion rials ($695 million) by selling its shares in state companies via the stock market -- a figure far beyond initial projection in the fiscal budget (March 2020-21).
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Publish Date: 09/August/2020 | 10:37

Taming Inflation the Iran's CB Way

EghtesadOnline: The Central Bank of Iran says the coronavirus pandemic, deepening budget deficit and disruption in foreign trade are largely responsible for pushing up consumer prices in recent months.
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Publish Date: 03/August/2020 | 08:04

Iran: Bonds Worth $191m Sold

EghtesadOnline: The government sold 44 trillion rials ($191 million) in bonds at the weekly auction on Tuesday. So far it has generated 464 trillion rials ($2 billion) in nine auctions that have been set up to help plug budget deficits.
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Publish Date: 30/July/2020 | 11:18

Iran Social Security Organization’s Current Fiscal Budget Exceeds $7.6b

EghtesadOnline: Iran Social Security Organization’s budget for the current fiscal year (March 2020-21) is at 1,700 trillion rials ($7.65 billion), which will be financed through capital gains and employment insurance premiums, says Morteza Lotfi, a board member of the organization.
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Publish Date: 23/July/2020 | 09:01

Gov’t Raises $287m in 8th Bond Auction

EghtesadOnline: Islamic bonds worth 61.7 trillion rials ($287 million) were sold during the weekly bond auction on Tuesday. The auctions are in line with the government’s efforts to access funds for fixing its budget deficit.
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Publish Date: 23/July/2020 | 08:59

Iran Gov’t Unveils Draft of Fiscal 2020-21 Budget Overhaul

EghtesadOnline: The government unveiled the draft plan for the overhaul of the current fiscal year’s budget law (March 2020-21) on Saturday, which “entails a major surgery of the economic and administrative systems and requires consensus”, Mohammad Baqer Nobakht, the head of Plan and Budget Organization of Iran, said on Wednesday.
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Publish Date: 07/June/2020 | 07:01

$880K Allocated to Fighting Wildfires

EghtesadOnline: The Plan and Budget Organization has allocated 150 billion rials ($880,000) to the Forests, Ranges and Watershed Management Organization to help battle wildfires across the country as the weather grows warmer.
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Publish Date: 01/June/2020 | 24:52

Anti-Inflationary Moves Commended

EghtesadOnline: The Plan and Budget Organization says role of the stock market and the Central Bank of Iran monetary policy is pivotal to curbing inflation.
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Publish Date: 19/May/2020 | 10:13

Subways Suffering Shortfalls

The challenging task of developing the subway system in Iranian metropolises has raised concerns among urbanists who censure mismanagement and lack of budget for the lagging progress.
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Publish Date: 28/April/2020 | 05:37

Putin Government Rewriting Budget at $20 Oil in 2020

EghtesadOnline: President Vladimir Putin’s government is rewriting its budget to prepare for oil prices at $20 a barrel this year despite US-led efforts to get major producers to rein in production.
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Publish Date: 05/April/2020 | 19:30

Tehran Mayor Submits Next Budget

EghtesadOnline: Tehran Mayor Pirouz Hanachi submitted the budget for the next fiscal year (March 2020-21) to the capital city’s Islamic City Council on Sunday.
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Publish Date: 04/February/2020 | 13:03

Indian Budget Allocates Close to $14 Million to Chabahar Port Project

EghtesadOnline: In India, Rs17,300 crore ($2.41 billion) have been allocated for the Ministry of External Affairs in the budget, with Rs100 crore ($13.98 million) earmarked for the strategic Chabahar Port project in southeastern Iran, which gives India connectivity to Afghanistan bypassing Pakistan.
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Publish Date: 03/February/2020 | 24:48

EGFI Wants to Double Capital

EghtesadOnline: Export Guarantee Fund of Iran, a state-owned export credit agency, is set to increase its capital by €100 million in the next (March 2020-21) budget and it is working hard to further increase this amount to enhance performance.
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Publish Date: 22/December/2019 | 24:34