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Provincial Spending Package at $13.7b in New Fiscal Budget Bill

Some 2,896 trillion rials ($11 billion) will go to the operating budget and 640 trillion rials ($2.46 billion) will be spent on development projects
Provincial Spending Package at  $13.7b in New Fiscal Budget Bill
Provincial Spending Package at  $13.7b in New Fiscal Budget Bill

The government has allocated 3,536 trillion rials ($13.7 billion) in the spending package for Iran’s 31 provinces as per the budget bill for the next fiscal year (March 2021-22), of which 2,896 trillion rials ($11 billion) will go to the operating budget and 640 trillion rials ($2.46 billion) will be spent on development projects. 
Tehran Province will have the biggest share of provincial spending package next year with 444.81 trillion rials ($1.71 billion) and Qom Province will have the smallest share with 46.62 trillion rials ($179.3 million), Fars News Agency reported. 
The resources earmarked for provinces in the next fiscal year won’t be limited to the aforementioned figures, because many of the development projects across the country have been classified under the national budget section that will receive separate funds. 
Vice President for Parliamentary Affairs Hosseinali Amiri submitted the budget bill for the next fiscal year to the parliament last week. 

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