Home NEWS IRAN NEWS Iran conservative daily: ’budget deficit’ inevitable

Iran conservative daily: ’budget deficit’ inevitable

0
Iran conservative daily: ’budget deficit’ inevitable

The conservative hardline daily ’Johouri’ wrote: The recent fall in oil prices has concerned the government a lot. According to the 2014 budget forecast, at least %40 of the government’s financial resources which amounts to 780 billion Rials ($250mi) should come from oil revenue and %34 from tax revenue. Whereas the downfall trend of the oil prices continues and the government is facing a threatening budged deficit and must come up with other source of income soon.