It is highly likely that Raisi until the end of the year we will not have a budget deficit

It is highly likely that we will not have a budget deficit until the end of the year, according to Raeisi.

Raeisi stated that achieving a close to 5% economic growth rate in the second half of the year 1400 showed that the people’s government was able to reduce the inflation rate from 593% to below 40% during this period. However, the implementation of the fair distribution of subsidies and the removal of preferential exchange rates, which was the legal obligation of the 1401 budget, caused the inflation rate to increase again.

Raeisi added that the government, by continuing its policy of controlling expenses and expenditures, which started in Shahrivar 1400, was able to balance its expenses and income resources and as a result, control the increase in liquidity to a large extent. The growth rate of liquidity has decreased from 42% to 25%, and this year is highly likely to be the first year that we do not have a budget deficit until the end of the year.