VOL. XXXIX No. 62 2-December-1996IRAN
Iran's 1997-98 Budget Projects One Third Increase In Expenditure Total expenditure under the Iranian draft budget for the year 1376, which starts on 21 March 1997, is projected at IR188,150bn ($107.5bn at the official exchange rate of $1=IR1,750), an increase of 37.1% over the previous year's figure of IR137,243bn ($78.4bn). Presenting the budget bill to the Iranian parliament (Majlis) on 24 November, President Hashemi Rafsanjani said that the main...
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