VOL. XLIII
No. 50
11-December-2000
IRAN
President Khatami Presents Upbeat Assessment Of Iranian Economy In His Draft Budget
Iranian President Mohammad Khatami on 29 November presented to the Majlis (parliament) the draft budget for the Iranian year 1380, starting on 21 March 2001, with total spending projected to rise by 24.6% to IR449,405bn ($56.2bn at the free market rate of $1=IR7,990 which is based on the forex certificate rate traded at the Tehran Stock Exchange). Mr Khatami told the Majlis...
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