TEHRAN The Islamic Consultative Assembly (Majlis) on Saturday reviewed the objections of the Guardian Council (GC) to certain sections of the next year's (1380 starting March 20) budget bill and made some changes in the previously approved bill, thus setting new figures for it.

The Guardian Council is a supervisory body which will ratify any bill passed by the Majlis only if those bills do not contradict either Islamic tenets or Iran's Constitution.

Based on the changes made in the budget bill on Saturday in regards to the demands of the Guardian Council, the total revenue and expenditure figures of the state budget will be Rls. 455,803,207,935,000.

The figure for each of the government revenue and expenditure in the next year (starting March 21, 2001) budget will be Rls. 164,091,872,968,000.

Following the latest changes, the Majlis approved that the public revenues stands at Rls.140,979,942,668,000. The special revenues of ministries and other governmental organizations are also projected at Rls.23,111,930,300,000.

Government revenues consist of both public revenues and special revenues of ministries and other governmental organizations.

The budgets of state-run firms, banks and profit-making institutes affiliated to the government will be Rls.300,426,376,695,000.

The total state budget is made of the government budget and that of the state-owned firms, banks and profit-making institutes affiliated to the government after the reduction of the double-accounted figures.

The assembly on Thursday approved the total state budget of Rls.456,233,207,935,000 for the next Iranian year.

One U.S. dollar is traded at 1,750 rials officially. Also, one U.S. dollar is about 8,000 on the unofficial open market. The various budget figures are based on either the official rate or that of the open market.

(IRNA)