Iran’s tax revenues hit $23B in 10 months
Baku, Azerbaijan, March 13
By Fatih Karimov – Trend:
Iran’s tax revenues amounted to 746.9 trillion rials ($23 billion based on official rate of 32,417 rials per each USD) in the first 10 months of the current Iranian fiscal year (March 20, 2016-Jan. 20), Central Bank of Iran (CBI) reported.
The figure indicates an increase by 28.4 percent as compared to the same period of the preceding year.
About 85.8 percent of the tax revenues envisaged by the national budget bill (870.4 trillion rials) have been realized during the 10-month period, according to the CBI.
The government’s total revenues stood at 1,032.3 trillion rials during the first 10 months of the current Iranian fiscal year, while over 1,319.4 trillion rials of revenues were envisaged for the period in national budget.
However, the total revenues of the Iranian government registered an increase of 29.2 percent year-on-year.
The government spending amounted to 1,578.5 trillion rials in the period, 20.6 percent more compared to the first 10 months of preceding year (March 20, 2015-Jan. 20, 2016).