75,000 Billion Rials in Development Credits Absorbed in Yazd

Yazd – Director General of Economic and Financial Affairs of Yazd Province announced that the province absorbed 75,000 billion rials in development credits for the 1404 fiscal year to implement infrastructure projects.

Yazd- The Director General of Economic Affairs and Finance of Yazd Province announced the absorption of 75 thousand billion Rials in the construction credit of the province in the fiscal year 1404 for the implementation of infrastructure projects.

According to the report of Ambassador Arjan, quoted from the public relations of the General Directorate of Economic Affairs and Finance of Yazd Province, Mohammad Dehghan Monshadi stated: These credits were obtained from the sources of acquisition of capital assets, sale of crude oil, share of value added tax, crisis management law, reform of the mining law, balanced use of the country's facilities, production and sale of government lands and properties, and the transfer of surplus property to executive bodies.

He added: A part of these funds has been allocated and paid to the construction projects of the province through the country's treasury and through the headquarters of the ministries.

The Director General of Economic Affairs and Finance of Yazd Province listed the development of rural water supply infrastructure, reducing water wastage, increasing the stability of urban and rural water networks, securing roads and eliminating accident-prone spots as the most important projects implemented using these resources.

Dehghan Monshadi continued: repairing and improving hospital equipment, building and completing sports spaces, restoring and protecting historical monuments, completing charity schools and building, repairing and equipping health houses and urban and rural health and treatment centers were also among the other infrastructure projects of the province in the fiscal year 1404.

Referring to the deadline for the acquisition of credits for the acquisition of capital assets, he noted: the financial period of these credits is set from April 1404 to September 1405, and the executive bodies have the opportunity to absorb and spend the allocated credits under the supervision of accountants.