TEHRAN, Iran, August 18. Iran's revenues from oil and oil products export have increased 481 percent during the first four months of the current Iranian year (started March 21,2022), Trend reports citing Tasnim News Agency.
The review of the Iranian government's quarterly performance report shows that the country's income sources had a 63 percent growth during the first four months of the current Iranian year.
The sale and allocation of the government's surplus properties and capital assets had a 470 percent increase during this period compared to the previous year.
The report shows that the total budget balance had improved 80 percent which would lead to the government's financial discipline, reducing the inflation rate in the coming months. State-owned companies' profits had increased 126 percent in the first four months.
The current government has paid 50 trillion rials (about $11.9 billion) for issuing new treasury bonds and payment of interests for old bonds issued by the former government. The sustainable incomes from issuing new treasury bonds had declined 83 percent.