Budget bill shows promising signs for capital market: expert

TEHRAN – A capital market analyst believes the national budget bill for the next Iranian calendar year (begins on March 21, 2022) indicates that the government has a more positive view on the market for the upcoming year, IRNA reported.

Govt. to build nuclear power plants for generating 10 GW of electricity

TEHRAN – Based on the national budget bill for the next Iranian calendar year (begins on March 21, 2022), the government is allowed to construct nuclear power plants for the generation of 10,000 megawatts (10 GW) of electricity in collaboration with foreign or local investors and under the supervision of the Atomic Energy Organization of Iran (AEOI).

Budget bill allocates $444m to childbearing, family support plans

TEHRAN – The national budget bill for the next [Iranian calendar] calendar year (to begin on March 20, 2022) has proposed 120 trillion rials (nearly $444 million) to implement childbearing and family support plans in the country.

Part of electricity bills to be allocated for developing renewables

TEHRAN – Based on the national budget bill for the next Iranian calendar year (starts on March 21, 2022), the Energy Ministry is allowed to use a portion of the revenues collected from the electricity bills for the development of the renewable energy sector, IRNA reported.

Tourism ministry budget expected to rise 54%

TEHRAN – The national budget bill for the next Iranian calendar year (starting on March 21, 2022) has proposed 20.147 trillion rials (around $511 million at the fixed official rate of 42,000 rials per dollar) for the Ministry of Cultural Heritage, Tourism, and Handicrafts.

Next year’s budget bill to be submitted to parliament on schedule

TEHRAN - Head of Iran’s Planning and Budget Organization (PBO) has said the budget bill for the next Iranian calendar year (starts on March 21, 2022) has been prepared and reviewed by the government and will be submitted to the parliament on schedule, IRIB reported.

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 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.