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Official: No Iranian entity knows national income figure

Iran Materials 25 November 2011 17:19 (UTC +04:00)

Azerbaijan, Baku, Nov.25 / Trend F.Milad/

No Iranian entity knows the exact figure of total national income, Supreme Audit Court Director Abdolreza Rahmani-Fazli said.

"We do not know the exact figure of income," he was quoted by Mehr news agency as saying. So, we can not give a specific figure for expenses."

Referring to the inefficiency of the national economy system, he added that improper distribution of facilities and resources is the major problem the country is grappling with.

He termed "financial indiscipline" as a predicament which has weakened the country's economic structure.

He also said that the real amount of Forex Reserve Fund is unknown.

Meanwhile, Supreme Audit Court said in October 2011 that Iran's forex reserve has declined to below zero.

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