Majlis approves amendments of budget bill

TEHRAN – The Iranian parliament (Majlis) on Tuesday approved the amendments of the national budget bill for the next Iranian calendar year 1400, which starts on March 21, IRNA reported.

Majlis rejects general outlines of budget bill

TEHRAN – The Iranian parliament (Majlis) on Tuesday rejected general outlines of the national budget bill for the next Iranian calendar year 1400, which starts on March 21, ILNA reported.

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.

School building budget rises by three folds

TEHRAN – Some 4.5 percent of the national development budget proposed in the bill for the next [Iranian calendar] year (starting on March 21) has been earmarked for building schools, a three-fold rise compared to the current year’s figure.

Parliament’s committee reviews oil revenue in next year’s budget bill

TEHRAN - Iranian parliament’s ad hoc budget review committee on Saturday assessed the oil revenue outlooks provisioned in the budget bill for the next Iranian calendar year (begins on March 21, 2021) in a meeting with Oil Minister Bijan Namdar Zanganeh and the Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati.

Rouhani, Ghalibaf meet to weigh budget bill

TEHRAN — A joint meeting was to be held on Tuesday between President Hassan Rouhani and Parliament Speaker Mohammad Bagher Ghalibaf about the next year’s budget bill.

Reforming budget structure key to neutralizing sanctions: Ghalibaf

TEHRAN – The first step in neutralizing the sanctions is to reform Iran’s budget structure, said Parliament Speaker Mohammad Bagher Ghalibaf on Saturday.

ICCIMA offers suggestions to amend next year’s budget bill

TEHRAN – Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Research Center, after examining the strengths and weaknesses of the budget bill for the next Iranian calendar year of 1400 (begins on March 21, 2021), has proposed eight practical suggestions to amend the bill.

Next year’s budget bill allocates €200m to pressurized irrigation, watershed management

TEHRAN- The national budget bill for the next Iranian calendar year 1400, which starts on March 21, 2021, has allocated €200 million to the implementation of pressurized irrigation and watershed management projects.

VP submits $579.9b budget bill to Majlis

TEHRAN - Vice President for Parliamentary Affairs Hossein-Ali Amiri submitted the administration’s draft of the national budget bill for the next Iranian calendar year 1400, which starts on March 21, 2021, to the Majlis on Wednesday, IRNA reported.

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.

PBO considering $40 oil for next year’s budget bill

TEHRAN - The head of Iran’s Planning and Budget Organization (PBO) has said his organization is considering $40 oil for preparing the national budget bill for the next Iranian calendar year (starts on March 21, 2021), IRNA reported.

Iran raises annual tourism budget by 39%

TEHRAN- Iran’s national budget bill proposed for the current fiscal year (started March 20), has allocated 15.326 trillion rials (about $360 million at the official dollar rate of 42,000 rials) to the tourism sector, an increase of 39 percent year on year. 

Details of plan for privatization of state-owned enterprises announced

TEHRAN - The executive regulations of the budget plan of the current Iranian calendar year (began on March 19) regarding the privatization of state-owned enterprises was referred to the Ministry of Finance and Economic Affairs for implementation, Tasnim news agency reported on Sunday.

Parliament Speaker sends approved budget bill to President

TEHRAN – Parliament Speaker Ali Larijani sent the next year's budget bill to the Iranian President Hassan Rouhani for implementation after final approval by the Guardians Council.

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.

Leader facilitates approval of next year budget 

TEHRAN - A member of the parliament's presiding board announced on Tuesday that Majlis has received two “state decrees” by Leader of the Islamic Revolution Ayatollah Ali Khamenei concerning the next year budget and the Agriculture Ministry which is now run by a caretaker minister.

By: Ebrahim Fallahi

Why Majlis rejected the budget bill?

TEHRAN - The Iranian Parliament (Majlis) on Monday rejected general outlines of the national budget bill for the next Iranian calendar year 1399, which starts on March 20, stating that the bill is not compatible with the country’s current economic conditions.

Over $9.4b paid for development projects in 9 months

TEHRAN – Head of Iran’s Budget and Planning Organization (BPO) said the government has paid 395 trillion rials (over $9.4 billion) for financing development projects across the country in the first nine months of the current Iranian calendar year (March 21-December 22).

Majlis committee approves next year’s budget bill

TEHRAN- The Iranian parliament (Majlis)’s Ad hoc Budget Review Committee on Tuesday approved the 1.988 quadrillion rials (about $473.5 billion) national budget bill for the next Iranian calendar year, starting March 20, Mehr news agency reported, quoting a member of the committee as saying.

Majlis committee approves next year’s budget bill

TEHRAN- The Iranian parliament (Majlis)’s Planning and Budget Committee on Monday approved the 1.988 quadrillion rials (about $473.5 billion) national budget bill for the next Iranian calendar year, starting March 20, Shana reported, quoting a member of the committee as saying.

Top MP criticizes cut in defense budget 

TEHRAN - Head of the Parliament National Security and Foreign Policy Committee on Saturday criticized the government for reducing the defense budget for the next year. 

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.

Rouhani: Next year budget not dependent on negotiations 

TEHRAN - President Hassan Rouhani said on Monday that Iran’s next year budget won’t be dependent on negotiations with the United States whose officials have imposed “unilateral sanctions on our nation”. 

$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).

Tourism ministry’s budget seen to rise by 11.8%

TEHRAN – The budget bill for the next Iranian calendar year (to start March 20, 2020) has proposed 13 trillion rials (about $310 million at the official rate of 42,000 rials) for the Ministry of Cultural Heritage, Tourism and Handicrafts, an increase of 11.8 percent compared with the current year’s budget.

Iran expects to sell 1m bpd of oil at $50 next year

TEHRAN – Head of Iran’s Planning and Budget Organization (PBO) said the oil revenues in budget bill for the next Iranian calendar year (starts on March 20, 2020) are estimated on the expectations of selling one million barrels per day (bpd) of oil at an average price of $50, ISNA reported.