VOL. XLI

No. 41

12-October-1998

IRAN

Iran Debates Budgetary Shortfalls

Concerns about the Iranian Governments amended bill of the 1377(1998-1999) budget, which aims to ease the budget deficit, have been voiced by Mr. AliGhanbari, a senior Parliamentary official. The amended bill proposes to borrow from theCentral Bank of Iran (CBI) which Mr. Ghanbari cautions would raise the countrysinflation rate. Mr. Ghanbari told the Iranian daily Resalat that the current 18%inflation rate may increase to 30%...