<p dir="LTR"><span>Financial Tribune - The government plans to issue 85 trillion rials ($2.23 billion) of Islamic Treasury Bonds in the near future to fund incomplete projects across the country, the chairman of Iran Planning and Budget Organization said.</span></p> <p dir="LTR"><span>Mohammad Baqer Nobakht added that currently more than 2,000 construction projects across the country are incomplete, SENA reported.</span></p> <p dir="LTR"><span> “The government had earmarked about 600-650 trillion rials ($15.7-17.1 billion) for completing these projects in the budget bill for the new Iranian year (March 2017-18). However, after the revision by the Majlis Joint Commission on Wednesday, the figure was raised to 700-750 trillion rials ($18.4-19.7 billion),” he said.</span></p> <p dir="LTR"><span>The commission is a parliamentary body responsible for reviewing the budget bill as well as the five-year development plan proposed by the government before its final ratification.</span></p> <p dir="LTR"><span>The government has issued 420 trillion rials ($11.05 billion) of bonds so far in the current fiscal year, which ends March 20, to make up for its budget deficit.</span></p>