2013-14 Budget Approved
The Iranian parliament on 27 May approved the budget bill for the Iranian year which started on 21 March, with total expenditure of IR7,290 trillion ($595bn at the official rate of $1=IR12,260), an increase of 22% over the previous year, according to Iranian media.
Oil revenue in the budget bill is based on an oil price assumption of $95/B (up from $85/B in the previous year) and an exchange rate of $1=IR12,260 (the official...
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