Tehran Municipality’s next year budget set at $4.5b

March 6, 2019

TEHRAN – Tehran City Council has approved Municipality’s budget amounting to 188 trillion rials (nearly $4.5 billion) for the next Iranian calendar year (starting on March 21), Mohsen Hashemi, Tehran City Council Chairman has said.

Some 182 trillion rials (about $4.3 billion) had been proposed initially in the Municipality’s budget bill for the next year, which was increased to 188 trillion rials (around $4.5 billion), he stated, Tasnim reported on Tuesday.

In the current Iranian calendar year, the Municipality received a budget of 175 trillion rials (approximately $4.1 billion).

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