Iran Budget Law for Year 2003-2004 (1382)

Single Article – The country’s budget for year 2003-2004 which includes resources of more than 968,261,119,377,000 Rials and expenditures of more than 968,261,119,377,000 Rials, is as follows:

a- The resources for government’s general budget includes revenues, granted capital and financial assets, and also expenditures and received capital assets of more than 436,022,833,411,000 Rials. The general budget includes the following categories:

1.      General resources equal to 395,554,371,795,000 Rials and expenditures and received capital assets equal to 395,554,371,795,000 Rials.

2.      Revenues of ministries and governmental organizations equal to 40,468,461,616,000 Rials and their expenditures and related payments equal to 40,468,461,616,000 Rials.

b- Budget of governmental companies and government-affiliated banks and for-profit organizations includes revenues and credit resources of more than 554,337,043,019,000 Rials and expenditures and related payments of more than 554,337,043,019,000 Rials.

Government is allowed to receive revenues and credit resources stipulated in Section 3 of this law, in accordance with rules and regulations of year 2003. Government is entitled to pay expenditures and financial and capital assets of ministries and governmental organizations and also [to pay] aid and other credits mentioned in tables of Section 4 and appendices No.1 and 2 of this law, proportional to the amount of revenues and other resources received in the year 2003. In doing so; government will comply with related rules and regulations, clause (d) of Article 106 of Iran’s Third Development Plan and the description of operations and activities mentioned in signed agreements, notes of this law and credit allocation.

In accordance with articles of association and other rules and regulations governing companies, banks and for-profit organizations, government is allowed to receive revenues and pay expenditures of governmental companies, government-affiliated banks and for-profit organizations. The only exception is capital expenditures whose resources are provided thorough general resources for “plans for receiving capital assets” and are subject to government’s general financial and transactional rules and regulations.

On average, 4.1% of expenditure credits and received capital assets stated in this law, up to the amount 10,955,500,000,000 Rials, will be provided through savings during implementation of the budget law.

Government is obliged to perform saving in a manner that saving of credits achieved through received capital assets does not exceed 30% of the total saving figure. Priorities regarding allocation of credits obtained through received capital asset are as follows:

1.      Plans that will conclude in year 2003

2.      Plans that will conclude in year 2004

3.      Important and prioritized plans

4.      Continuous plans

Source: Website of Majlis Research Center, Please see ,

Retrieved November 7, 2012