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Iran to reform budget plan structure

Finance Materials 25 October 2021 17:28 (UTC +04:00)
Iran to reform budget plan structure

TEHRAN, Iran, Oct. 25

Trend:

Iran's Plan and Budget Organization is reforming the budget plan structure to prevent the increase of budget deficit, said the head of the organization Masoud Mirkazemi, Trend reports citing IRNA.

The organization is seeking to have fundamental changes in budget structure, Mirkazemi noted.

The plan is to prevent any budget deficit in the next Iranian budget plan as the public purchase power declines and social gap is increasing.

Reforming budget plan structure is one of the main agendas of the new administration to reduce government expenses, increase sustainable income, cutting reliance on oil export revenues and manage subsides.

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