InternationalInternational Economics

Issuance of 2 thousand billion tomans of bonds to equip schools


According to the economic correspondent of Fars News Agency, the government is allowed to issue 2,000 billion tomans worth of bonds in next year’s budget bill to equip, complete and construct the educational space in the Ministry of Education.

The government is allowed to issue twenty thousand billion (20,000,000,000,000) Rials worth of Islamic financial securities to build, complete and equip educational, training and sports facilities of the Ministry of Education (Organization for Renovation, Development). And equipping the country’s schools) and Farhangian University to be used. These bonds are outside the ceiling provided in Table No. (4) of Article (7) of the Sixth Development Plan Law and are used based on the notification of credit and allocations issued.

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