As it is mentioned in the previous article, Iran’s Budget Bill in 2018-19 , Country’s budget is financial planning of the country which provided for a financial year. This plan contains country’s revenues and expenditures which helps country to achieve its goals and better implantation of policies. The major parts of budget’s revenue and expenditure have been introduced in the Iran’s Budget Bill in 2018-19.
The resources and expenditure of Iran’s budget has been shown in the table below:
* Thousand Bllion Rials
As it is discussed, total budget revenue divided into three major parts: general Revenue, private revenue and the revenue of governmental companies. The government doesn’t reveal any details about private and governmental companies’ revenue but the general revenue divided into three major parts: government’s revenue, transfer of capital assets and transfer of financial assets.
Total budget expenditure divided into three parts too, general expenditure, private expenditure and the expenditure of governmental companies. The same as budget’s revenue, there is no any details about the expenditure of governmental companies and private expenditure. The biggest part of budget expenditure is the salary of government’s employees and retired. In one hand pension funds face many problems in Iran because the government should pay too much salary to its employees so this caused a significant increase in government current cost. Therefore, both of these costs lead to inability of government to fulfilling its commitment in public work projects as it had reported by Central Bank of Iran the average percentage of public work fulfillment during last 5 years is about 30. The details about general revenue and expenditure of budget have been shown in the tables below:
- Government’s revenue and expenditure:
*Thousand Billion Rials.
- Transfer and takeover of capital assets
- Transfer and purchasing financial assets
The above tables show all the data which has been proposed for the upcoming year (March 2018 – March 2019).