12% rise proposed for tourism budget

December 6, 2016

TEHRAN – The national budget bill for the next Iranian calendar year has proposed a 12 percent rise for the tourism sector.

The bill has allocated about 7.82 trillion rials ($205 million at the open market rate) to the sector which is supervised by the Cultural Heritage, Tourism and Handicrafts Organization.

President Hassan Rouhani on Sunday presented his administration’s draft of the 10.849-quadrillion-rial (about $486 billion) national budget bill to the Majlis.

The next Iranian calendar year starts on March 21, 2017.

AFM/MG

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