Less than 370 billion rials budget for IT Company

Tehran, June 21– The current Iranian year budget for Information Technology Company is less than 370 billion rials, the company’s managing director said.

“The budget will cover only minimum current costs,” Saeed Mahdiun said.
“70 billion rials is towards current costs and less than 300 billion rials is towards investments for which we have cut down on some of our projects,” he said. 
“We have nearly determined the investment resources but the allocation of fund to projects will take place next month and we have to wait until then,” he added.