VOL. XL
No. 49
8-December-1997
IRAN
Khatami Presents Draft Iranian Budget To Parliament
Total expenditure under the Iranian draft budget for the year 1377, which starts on 21March 1998, is projected at IR233,699bn ($133.5bn at the official exchange rate of$1=IR1,750), an increase of 23.8% over the previous year's figure of IR188,700 bn($107.8bn). Presenting his first budget bill since he assumed power in August to theIranian parliament (Majlis) on 30 November, President Mohammad Khatami said...
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