WebJan 12, 2024 · In addition, revenue will be converted at 230,000 rials to the dollar, the same value as last year. Iran will probably fall short on bond issuances as well. The budget forecasts a real increase of about 28% in bond sales—an ambitious target given that the government has struggled recently to attract interest in its auctions. WebJan 19, 2024 · At the end of 2024 the Plan and Budget Organization of Iran drafted the budget bill for the next fiscal year (March 2024-2024) where it decided to reduce the budget reliance on oil revenues to 27%, as well as set average oil prices at $54 a barrel [8]. ... (2024), “Iran Lowers Reliance on Oil Revenues in 2024-20 Annual Budget Bill ...
Iran Economy News Financial Tribune
Web230 rows · The list is mainly based on CIA World Factbook for the year 2016 and 2024. [1] The Chinese, Brazilian, Indian, and United States government budgets are the figures … WebDec 15, 2024 · Iran’s goal was to export 2.3 million barrels per day of crude oil and condensate at an average price of $40 per barrel, for the Iranian year that started in March 2024. The price estimate was quite conservative—the Brent oil price, a global benchmark, has averaged $73 per barrel since March—but the volume target was off by a wide margin. holan group
Iran Gov’t Says Deficit to Hit $11b in 2024-23 Budget
WebApr 11, 2024 · The Central Bank of Iran announced late March that the annual inflation rate stands at 46.5 percent. Although the official inflation rate announced by the authorities is usually less than what it seems in the market, even a 46.5-percent inflation is among the highest in Iran in more than 30 years. WebMay 10, 2024 · Iran began the new fiscal year on March 21, 2024 having recorded an estimated GDP growth rate of about 4% over the previous year, but CPI has grown by 35% year-on-year. ... Figure 2: Development of total national budget, and general government budget as shares of GDP in Iran, 1980-2024. Sources: Iran’s SAC, CBI, SCI, and author’s ... WebSenior researcher, Head of Iran studys Unit at Emirates Policy centre ... hola new driver