...

Iran’s tax revenues increase by 29%

Business Materials 18 February 2017 13:52 (UTC +04:00)

Baku, Azerbaijan, Feb. 18

By Fatih Karimov – Trend:

Iran’s tax revenues amounted to 655 trillion rials ($20.2 billion based on official rate of each 32,390 rials per USD) in the first nine months of the current Iranian fiscal year (March 20-Dec. 21, 2016), Central Bank of Iran (CBI) reported.

The figure indicates an increase by 28.9 percent as compared to the same period of the preceding year.

About 83.4 percent of the tax revenues envisaged by the national budget bill (785.1 trillion rials) have been realized during the nine-month period, according to the CBI.

The government’s total revenues stood at 885.2 trillion rials during the first nine months of the current Iranian fiscal year, while over 1,190 trillion rials of revenues were envisaged for the period in national budget.

However, the total revenues of the Iranian government registered an increase of 25.2 percent year-on-year.

The government spending amounted to 1,400.2 trillion rials in the period, 26.1 percent more compared to the first nine months of preceding year (March 20-Dec. 21, 2015).

Tags:
Latest

Latest