Draft 1986-87 Budget Presented to Majlis
The Iranian draft budget for 1986-87 (21 March 1986-20 March 1987), which was presented to the Majlis by Prime Minister Mir-Hossein Moussavi on 1 December, forecasts oil revenues at 1,600bn riyals ($18.9bn), some 14% less than in the draft budget for 1985-86 (MEES, 3 December 1984). Total revenues for 1986-87 are estimated at 3,289bn riyals ($38.8bn). Mr. Moussavi gave no figures for budgeted expenditures but said that although defense...
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