Parliament permits $30b of foreign finance facilities as of Mar. 21

February 3, 2018

TEHRAN- According to Iranian Parliament’s latest approval, the government will be allowed to use up to $30 billion of finance facilities during the next Iranian calendar year (starting March 21, 2018), ILNA reported.

On January 28, the parliament rejected the general outlines of the national budget bill for the next Iranian fiscal year and the presiding board held a meeting to discuss the process of putting the budget bill up to vote once again. 

The MPs finally approved the outlines of the government’s proposed budget for the next year on January 31 and started investigating the bill in detail on the same day.

HJ/MA

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