VOL. XXXV

NO. 20

17-FEBRUARY-1992

Financial and Banking News

Economic Perspectives

Iranian Budget Postpones Economic Reform

As usual, rather more heat than light was generated during Iran's annualbudget debate, even though the process for approving the budget is far more openthan in most Middle Eastern countries. President Rafsanjani presented thebudget plan for 1371 (the Iranian year beginning 21 March 1992) in December, andMr. Morteza Alviri, chairman of the Majlis Budget and Plan Commission,...