The Iranian Parliament’s review of government budget reports for the past year reveals that the Ahmadinejad administration has “failed to deposit $12 billion of oil revenues in the treasury and used it to cover its budget shortages.”
The Mehr News Agency reports that the administration has violated legislation by using the revenues that were supposed to be deposited in the country’s reserves to overcome the government’s budget shortages.
Parliament cited further financial violations by the Ahmadinejad administration in today’s report.
It was first reported in 2008 that the Ahmadinejad administration had not deposited $1 billion in oil revenues in the national treasury. While the head of Parliament, Ali Larijani, called for an inquiry into the matter, no concrete action was taken.
Mahmoud Ahmadinejad has become the target of severe criticism for his mishandling of the country’s economy, which is now burdened with high inflation and unemployment and a falling national currency.
Despite the unwarranted use of oil revenues, the Ahmadinejad administration is reportedly facing a budget shortage of 740 trillion rials.
Jun 21, 2018 Comments Off on U.S. Sanctions on Iranian Oil Stir Up a Corner of the Market
Jan 30, 2018 Comments Off on Hundreds of EU parliamentarians condemn human rights abuses in Iran and Call for Blacklisting IRGC
Jan 24, 2018 Comments Off on TIP CEO: With Europe’s Abdication, U.S. Must Take Lead in Promoting Freedom for Iran
Dec 21, 2017 Comments Off on After ISIS campaign, Iran-backed fighters in Iraq vow to drive out US troops
Jun 24, 2018 Comments Off on US should sanction Iran’s notorious ‘hanging judge’US should sanction Iran’s notorious ‘hanging judge’ The story is as jarring as it is depressingly familiar. In mid-May, Iranian judge Abolghassem Salavati told a British-Iranian prisoner to expect a new...
Jun 21, 2018 Comments Off on U.S. Sanctions on Iranian Oil Stir Up a Corner of the MarketU.S. Sanctions on Iranian Oil Stir Up a Corner of the Market Effects of the U.S. decision to renew sanctions on OPEC member Iran are already spreading beyond the world of crude to some corners of the oil market.
Jul 14, 2016 Comments Off on Corps’ one hundred thousand of triggered missiles in Lebanon:An official Israel-threatening by CorpsIran Briefing: Since August 7, 1979, when Ayatollah Khomeini declared the last Friday of Ramadhan as “Quds Day”, the Islamic Republic has always tried to hold an imposing ceremony by using state resources as well as requiring people’s involvement. This year’s Quds march had fundamental...