Iran's 1997-98 Budget Ends With $1.8Bn Actual Deficit
Iran had an actual budget deficit of IR3,157.6bn ($1.80bn) in 1376 (year to 20 March1998), compared to a budget surplus of IR492.5bn ($281mn) in 1375 (year to 20 March 1997),according to statistics (1376 preliminary) published by the Central Bank of Iran in itslatest quarterly bulletin, Economic Trends. Iranian state budgets are usuallynominally balanced when they are first approved in the budget law...
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