아프리카ㆍ중동

Fiscal policy design in Iran faces numerous challenges. Some are current, such as managing volatile oil revenue while addressing development needs. Other challenges are related to demographic pressures from new entrants to the labor market, as the country needs to prepare from aging pressures in the decades to come. This note provides some options to strengthen Iran’'s fiscal framework, highlighting the need for a medium-term framework, anchored on key variables such as the non-oil fiscal deficit. Looking forward, fiscal rules could be considered, once a medium-term fiscal framework is in place.