Budget Law for Year 2007-2008 (1386)

Single article – The country budget for year 2007-2008 includes resources of more than 2,316,856,559,000,000 Rials and expenditures of more than 2,316,856,559,000,000 Rials and is as follows:

a- The resources for government’s general budget includes revenues and grant of capital and financial assets and also expenditures and received financial and capital assets which totals more than 691,827,731,000,000 Rials and includes the following categories:

1.      General resources in the amount of 639,451,657,000,000 Rials and expenditures and received financial and capital assets equal to 639,451,657,000,000 Rials.

2.      Revenues of ministries and governmental organizations equal to 52,376,074,000,000 Rials and their expenditures and related payments equal to 52,376,074,000,000 Rials.

b- Budget of governmental companies, government-affiliated banks and for-profit organizations includes revenues and credit resources of more than 1,677,065,389,000,000 Rials and expenditures and related payments of more than 1,677,065,389,000,000 Rials.

Government is permitted to receive revenues and resources mentioned in Section 3 of this law, in accordance to rules and regulations of year 2007. Government is entitled to pay expenditures and financial and capital assets of ministries and governmental organizations and also [ to pay] other credits mentioned in tables of section 4 and Appendix 1 of this law, proportional to the amount of revenues and other credits received in year 2007. In doing so, government will comply with relevant rules and regulations, description of operations and activities mentioned in signed agreements, notes of this law, and credit allocations.

Source: Islamic Consultative Assembly Website. Please See http://www.parliran.ir/index.aspx?siteid=1&pageid=227 , Retrieved November 10, 2012