Domestic Economy
0

2021-22 Budget Bill Forecasts Oil Export of 650,000 bpd

The next year's budget bill will be submitted to the parliament on Dec. 2
2021-22 Budget Bill Forecasts Oil Export of 650,000 bpd
2021-22 Budget Bill Forecasts Oil Export of 650,000 bpd

The budget bill of fiscal 2021-22 has projected an export of 650,000 barrels per day of crude oil, the deputy head of Plan and Budget Organization said on Monday. 
“The projection for Iranian oil price is at $40 in next year’s budget,” Seyyed Hamid Pourmohammadi was also quoted as saying by IRIB News. 
“A 25% rise in the salaries of government workers and pensioners has also been included in next year's budget bill that will be submitted to the parliament on Dec. 2,” he added. 
Referring to the budget’s structural reforms recommended by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei to the heads of three branches of the government, Pourmohammadi said, “PBO has submitted a draft of structural reforms and their timelines to the heads of the three branches and the parliament is working on the plan.” 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com