Majlis wraps up reviewing next year's budget bill

TEHRAN - Iranian parliament’s budget review committee on Saturday evening wrapped up its final session for reviewing the details of the national budget bill for the next Iranian calendar year 1400, which starts on March 21, 2021, the spokesman of the committee announced.

Majlis sets NDF share of oil incomes in budget bill at 38%

TEHRAN – Iranian parliament on Sunday stipulated that the share of National Development Fund (NDF) from the country’s oil and gas export revenues in the newly amended budget bill for the next Iranian calendar year 1400 (starts on March 20) must be 38 percent if crude oil exports surpass one million barrels per day (bpd).

Cabinet holds extraordinary meeting to review next year’s budget bill

TEHRAN – President Hassan Rouhani’s cabinet gathered on Sunday in their first extraordinary meeting for reviewing the national budget bill for the next Iranian calendar year (begins on March 21, 2021), IRIB reported.

Department of environment’s budget nearly doubled

TEHRAN – The national budget bill for the next calendar year (starting on March 20, 2020) has proposed 6.38 trillion rials (around $151 million at the official rate of 42,000 rials) for the Department of Environment, a nearly twofold increase compared to the current year’s budget of 3.73 trillion rials (nearly $88 million), ISNA reported on Tuesday.

$238m allocated to manage environmentally hazardous waste

TEHRAN –The Department of Environment (DOE) will receive a budget of 10 trillion rials (nearly $238 million at the official rate of 42,000 rials) to manage environmentally hazardous waste as proposed in the budget bill for the next calendar year (starting on March 20, 2020).

Next year’s budget bill envisages nearly $23b for Tehran Province

TEHRAN- The governor general of Tehran Province said the budget bill for the next Iranian calendar year (starts on March 20, 2020) has envisaged 9.62 trillion rials (about $22.9 billion) for Tehran Province, IRNA reported.

Budget bill amendments approved

TEHRAN – The Iranian government approved on Saturday the amendments on the national Iranian budget plan for the current Iranian calendar year (started on March 21), ILNA reported.

IRCS’s next year budget rises by $48m

TEHRAN – The Iranian Red Crescent Society (IRCS) has received a budget rise of 2 trillion rials (nearly $48 million) within the framework of the budget bill approved for the next calendar year (starting on March 21), deputy head of the IRCS has said.

$1b proposed for developing Tehran public transport fleet

TEHRAN – A total budget of 45 trillion rials (nearly $1 billion) on development of transportation fleet has been proposed in Tehran Municipality’s budget bill for the next Iranian calendar year (starting on March 21, 2019), Sakineh Ashrafi, deputy mayor of Tehran for planning, urban development and council affairs has said.

By Alireza Hashemi

Defence spending cut in Iran’s budget bill sparks controversy

TEHRAN - The Iranian government’s latest bill for state budget has been a hot topic in political and media circles in recent days. The bill, presented to the parliament by President Hassan Rouhani late last month, allocates over 4,700 trillion rials for the fiscal year that will start on March 21.