Mr. Mohammad Khatami, the President, presented another budget to the Parliament today, which, according to IRNA, has been prepared with a 21% growth compared to the current year for the upcoming year. Dr. Siamak Shojaei, an economist and head of the Department of Economics and Business at the State University of New York, considers next year's budget to be inflationary and accompanied by a deficit, similar to previous budgets, and states....
Mr. Mohammad Khatami Presented Another Budget to the Parliament - 2002-12-19
President Mohammad Khatami submitted a new budget to the Iranian Parliament, featuring a 21% growth projection for the next year. Economist Dr. Siamak Shojaei criticized the budget as inflationary and deficit-ridden, echoing concerns from previous years.
👥 Key Players
📰 What Happened
President Mohammad Khatami presented a new budget to the Iranian Parliament, projecting a 21% growth for the upcoming year. Economist Dr. Siamak Shojaei criticized the budget as likely to be inflationary and deficit-ridden, similar to previous budgets.
- The budget aims for a 21% growth compared to the current year.
- Dr. Siamak Shojaei's criticism highlights ongoing economic issues in Iran.
💡 Why It Matters
📚 Background
Iran has faced significant economic challenges, including inflation and budget deficits, particularly during Khatami's presidency, which aimed for reform and modernization.
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%