Sunday, March 10, 2013

Iran Passes Stopgap Budget

Iran's Majlis, the parliament, has passed a three-month stopgap budget while it debates President Mahmoud Ahmadinejad's full-year spending proposals.

The temporary "three-twelfths" budget authorizes spending of 450,000 billion rials for the first quarter of the year. The three-month budget is roughly equivalent, in rial terms, to only one month of spending in the current Iranian calendar year that ends on 20 March. (Fars News Agency, 10 March)


Anonymous said...

Somehow the blog's authors avoid to discuss and post info about tax revenues and exemptions in the Islamic Republic, or to unveil their views whether it is possible to manage Iran with decreased oil-gas revenues...

Anonymous said... > Chairman of Majlis v.s Ahmadinejad.