Budget review committee to submit report on budget bill in a month

January 12, 2019

TEHRAN- Iranian parliament (Majlis)’s ad hoc budget review committee will submit its report on the administration’s proposed budget bill for the next Iranian calendar year (starting March 21, 2019) to the parliament within a month, IRIB reported on Saturday.

As Mohammad Mehdi Mofatteh, the speaker of the committee, announced, the body is required to submit its report within the next two weeks but the deadline can be extended for another two weeks.

Receiving the committee report, the parliament members have 10 days to announce their final verdict about the budget bill.

President Hassan Rouhani presented the administration’s draft of the 17.03-quadrillion- rials (about $405 billion) national budget bill for the next Iranian calendar year 1398 to the Majlis on December 25.

Supplying basic goods, treatment and medical equipment; securing livelihood; supporting production and employment; promoting tourism; and preserving water resources and environment are the focal points of the bill.

HJ/MA

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