VOL. XLVII

No 10

08-March-2004

IRAN

BUDGETS AND REVENUES

Iranian Parliament Approves 2004-05 Budget With 19.2% Increase In Expenditure

The Iranian parliament (Majlis) on 29 February approved the budget law for the Iranian year 1383 (which starts on 20 March 2004) with total expenditure set at IR1,154,321bn ($137.7bn), an increase of 19.2% from IR968,261bn ($115.5bn) in 1382. The total expenditure figure in the 1383 budget law exceeds by IR84,789bn ($10.1bn) the initial figure of IR1,069,532bn...