Draft Budget Plan Sees Inflation at 22%
Draft Budget Plan Sees Inflation at 22%
The draft budget plan for the next Iranian year (to start March 21, 2021) instructed to the executive bodies has targeted an inflation rate of 22 percent.

TEHRAN (Iran News) – The draft budget plan for the next Iranian year (to start March 21, 2021) instructed to the executive bodies has targeted an inflation rate of 22 percent.

The latest report on the inflation rate in the country, which was released by the Statistical Center of Iran (SCI), said the inflation rate in the twelve-month period ended on September 21, which marks the end of the sixth Iranian calendar month of Shahrivar, stood at 26 percent, IRNA reported on Monday.

Last April, the Central Bank of Iran (CBI) in a statement announced that the annual inflation rate for the current Iranian year (started March 20) is set to be 22 percent.

“Given the adopted policies and taken measures and also taking the country’s macro-economic factors into account, the CBI believes that based on the realistic scenarios, the inflation rate in the current year will continue its downward trend,” read the statement on the CBI website.

  • source : Iran Daily