TEHRAN, Iran, Nov. 11
Trend:
The heads of the three branches of Iran's government agreed on financial strategy for spending and saving of state-owned institutions and companies in the next Iranian year's budget bill, Trend reports citing Tasnim News Agency.
The joint meeting of the heads of the three branches of government was held, chaired by President Ebrahim Raisi.
Based on a report by the Parliament Research Center, only half of the projected budget revenues have been realized.
According to Iranian media outlets, by the end of the current Iranian fiscal year, the government needs an additional $12 billion to balance its budget, with revenues falling short of projections.