By Faranak Bakhtiari

Biotechnology budget rises almost 50%

TEHRAN – The national budget bill for the next Iranian calendar year (starting on March 20) has proposed 4 trillion rials (around $95 million at the official rate of 42,000 rials) for biotechnology, a 47.8 percent increase compared to the current year’s budget.

Next year’s budget mainly targeted at cutting direct dependence on oil: Rouhani

TEHRAN- Iran’s President Hassan Rouhani said that the main goal of the national budget bill for the next Iranian calendar year 1400 (begins on March 21, 2021) is to downsize the government and cut the direct dependence on oil incomes.

Majlis releases draft of revised budget bill for next year

TEHRAN – Iranian parliament’s ad hoc budget review committee has released the revised version of the administration’s budget bill for the next Iranian calendar year (starting March 20), after the Leader of Islamic Revolution Ayatollah Ali Khamenei approved the parliament’s request for taking necessary actions on the matter.

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.

‘Budget bill to include development, employment, subsidy plans’

TEHRAN- Head of Iran’s Planning and Budget Organization (PBO) said that three biennial plans on development, subsidies and employment will be attached to the national budget bill for the next Iranian calendar year of 1399 (begins on March 20, 2020) to be submitted to the parliament.