TCI reported 40,000 million rials already spent on reconstruction, equivalent in its calculation to about 47,000 million at current prices. The two figures expressed the same expenditure on different price bases, not separate spending totals.
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How should the 40,000- and 47,000-million-rial figures be interpreted?
TCI reported 40,000 million rials already spent on reconstruction, equivalent in its calculation to about 47,000 million at current prices. The two figures expressed the same expenditure on different price bases, not separate spending totals.
The 47,000-million-rial figure was a current-price equivalent of reported past spending.
TCI reported 40,000 million rials already spent on reconstruction, equivalent in its calculation to about 47,000 million at current prices. The two figures expressed the same expenditure on different price bases, not separate spending totals.