VOL. XLVI

No 7

17-February-2003

IRAN

Irans Parliament Approves 40% Increase In Expenditure Under Budget Law For 2003-04

The Iranian parliament on 6 February approved the budget law for fiscal year 1382, which starts on 21 March, with total expenditure set at IR968,261bn ($121bn), an increase of 40% over the previous years budget. The total for 2003-04 has been increased by IR108,517bn ($13.6bn) from the initial amount proposed by the government in December 2002, when President Mohammad Khatami...