Iran Capex Disbursements Increase by 450%

The Iranian government has spent 255 trillion rials ($1.73 billion) in capital expenditure during the first five months of the current Iranian year (started March 21), which is 450% more compared with the same period of last year, Iran’s Plan and Bud…

The Iranian government has spent 255 trillion rials ($1.73 billion) in capital expenditure during the first five months of the current Iranian year (started March 21), which is 450% more compared with the same period of last year, Iran's Plan and Budget Organization said. The allocated Capex...