Baku, Azerbaijan, Aug. 14
By Fatih Karimov– Trend:
During first three months of the current fiscal year (March 20-June 21) Iranian government’s total revenues stood at 236.4 trillion rials ($7.2 billion, based on official rate of 32,850 rials per each USD), Central Bank of Iran (CBI) said in its latest monthly report.
Meanwhile, over 443.6 trillion rials of revenues were envisaged in the national budget for the mentioned period, which means that the government revenues were materialized by 53 percent.
Nonetheless, total revenues of the Iranian government registered an increase of 11.9 percent year-on-year.
Iran’s tax revenues amounted to 181.9 trillion rials in the 3-month period, showing a fall by 1.6 percent compared to the same period of preceding year.
About 61.3 percent of the tax revenues envisaged by the national budget bill (296.7 trillion rials) have been realized during the 3-month period, according to the CBI.
The government spending amounted to 548.8 trillion rials in the period, 48.8 percent more compared to the first quarter of last fiscal year (March 20-June 21, 2016).