...

Iran’s PBO reveals details of money allocated to fight COVID-19 pandemic

Finance Materials 5 November 2020 11:15 (UTC +04:00)

BAKU, Azerbaijan, Nov. 5

By Elnur Baghishov – Trend:

The National Development Fund of Iran (NDFI) allocated 1 billion euro in order to fight coronavirus pandemic in the current Iranian year (from March 20, 2020 to March 21, 2021), Trend reports citing Plan and Budget Organization of Iran (PBO).

According to the report, the Plan and Budget Organization of Iran has clarified the purpose for that the funds are spent.

The organization noted that the allocated funds were gradually transferred to relevant agencies according to the NIMA exchange rate declared by the Central Bank of Iran.

The details of spent funds until October 29 are reflected in the following table. The table shows the amounts according to the NIMA exchange rate.

The NIMA is a system intended for the sale of a certain percentage of the foreign currency gained from export. The price of 1 euro in this system is 317,692 rials, and the price of $1 is 264,591 rials.

Provided funds for general expenses

Provided funds for purchase of property

Total

Ministry of Health and Medical Education

98.4 trillion rials (about 310 million euro)

29.3 trillion rials (about 92.4 million euro)

127 trillion rials (about 403 million euro)

Unemployment insurance

14 trillion rials (44.3 million euro)

-

14 trillion (about 44.3 million euro)

Iranian Armed Forces

1.5 trillion rials (4.73 million euro)

-

1.5 trillion rials (4,73 million euro)

Total

114 trillion rials (359 million euro)

29.3 trillion rials (92.4 million euro)

143 trillion rials (452 million euro)

Tags:
Latest

Latest