InternationalInternational Economics

Strengths and important features of the budget bill 1401 + Table


According to the economic correspondent of Fars News Agency, the budget of 1401 of the whole country has increased by 26% compared to the budget law of this year.

This financial document consists of two main parts, including the general budget of the government and the budget of state-owned companies, with the general budget growing by 9.6% and the budget of state-owned companies by 42% compared to this year’s budget law.

The share of revenues in the bill has increased from 36% to 48%, as well as the transfer of capital assets by 1% and financial assets by 22%.

Revenues from exports of crude oil and gas condensate with a growth of 9.3 percent to 381 thousand 845 billion tomans.

Government public resources increased by 7.4 percent and private revenues by 39 percent.

Important indicators of the 1401 budget bill – figures in billion tomans
TitleBudget Act 1400Budget Bill 1401Percentage changeShare 1399Share 1400
The budget of the whole country2,882,3393,631,07026100100
Budget of state-owned companies1,571,3212,231,4074252.358.5
General government budget1,373,7691,505,2399.6100100
Public government resources1,277,9201,372,0007.49391.1
Dedicated revenues95,849133,2393978.9
Revenues 454,899664,40946.135.648.4
Tax revenues325,237526,7666271.579.3
Other income129,661137,6426.228.520.7
Assignment of capital assets395,547408,4453.33129.8
Exports of oil and gas condensate349,272381,8459.327.327.8
Assignment of financial assets427,475299,14630-33.521.8
Sale of participation bonds, treasury bills131,50088,00033.1-30.829.4
Assignment of state-owned companies253,03371,00071.9-59.223.7
Use of the National Development Fund 36,200137,365279.48.545.9

One of the strengths of the bill is to reduce the sale of Islamic securities, provided that it does not increase in the end. However, the head of the Program and Budget Organization believes that if oil or tax revenues decrease and the deficit increases, bond sales will increase because better than Borrowing and increasing the monetary base.

* Status of government budget bill expenditures

Government spending appropriations for next year show a 5 percent increase over this year’s law, given that the government seeks to manage and reduce spending.

Acquisition of capital assets can help boost construction and economic activities, the head of the Program and Budget Organization recently said, adding that the average lifespan of construction projects has been increased to 17 years due to the large volume of dilapidated and half-finished projects and limited resources. Becomes government finances.

According to Fars, according to the statistics and information of 1997, there are more than 76,000 semi-finished construction projects in the country, which require several hundred thousand billion tomans of resources to complete.

Expenditures of the budget bill 1401- figures in billion tomans
TitleBudget Act 1400Budget Bill 1401Percentage changeShare 1399Share 1400
Cost credits918,916965,185571.970.3
Acquisition of capital assets176,264251,81542.913.818.4
Acquisition of financial assets182,740155,00015.2-14.311.3
Employee service compensation203,509279,51837.322.129
Use of goods and services73,81560,01018.7-86.2
Cost of property and assets6.749,40205.1
Subsidy30,7577,51275.6-3.30.8
Free Aid19,18521,71713.22.12.3
Social Welfare329,194329,115038.834.1
other costs262,447217,90717-28.622.6

The ratio of revenues to expenditures in this year’s budget law is 5 percent, which has increased to 6.9 percent in next year’s bill.

Expenditure appropriations, which grew by 5 percent for next year, reached 8.7 percent of gross domestic product, compared to 11.8 percent in this year’s budget law.

One of the strengths of the bill is the increase in tax revenues, which shows a 4.7% increase in GDP.

end of Message/

You can edit this post

Suggest this for the front page

.

Leave a Reply

Back to top button