Middle East Economic Survey

VOL. XLVII

No 34

23-August-2004

IRAN

BUDGETS AND REVENUES

Irans Seventh Parliament Blocks Economic Reforms In 2005-10 Plan

The conservative-dominated Iranian parliament on 15 August voted against key parts of economic reforms aimed at attracting foreign investment into the banking and energy sectors under the fourth five-year development plan (2005-10). Deputies of the seventh parliament, whose term began in May, voted against moves to privatize state-owned banks and...