[freedom44]

Bow to your master...

[AdmSmith]

IRANIAN STATE ENTERPRISES AUDITED.

(RFE/RL NEWSLINE Vol. 8, No. 150, Part III, 9 August 2004) Radio Farda economic commentator Fereidun Khavand reported on 5 August that the national accounting office has audited the 2003-04 books of 1,705 state enterprises. It found that 1,006 were profitable, 583 were losing money, and 116 showed neither profit nor loss, Khavand said. Moreover, according to press reports cited by Radio Farda, more of those enterprises would have a shown losses had the accounting office not used the statements they provided. Details on the profits and losses were not provided, but state enterprises consume 65 percent of the government's budget, according to Radio Farda.

Comment: Why to they have 1,705 state enterprises?
Do the bonyads pay taxes?

[blackie]

Freedom Now ~ Bump!