Middle East Economic Survey

VOL. LIV

No 7

14-Feb-2011

IRAN

Majlis Report Estimates Budget Deficit At $21Bn In First Nine Months Of 2010-11

An investigation into the governments budget performance in the first nine months of the Iranian year 1389 (2010-11) which started on 21 March 2010, has shown a shortfall of IR210,000bn ($20.3bn), according to a report prepared by the Supreme Audit Court, the supervisory arm of the Iranian parliament, to the Majlis Planning and Budget Commission. Details...