Domestic Economy

New Budget Bill in Parliament

The parliament will now go through the details of the budget bill to make any necessary changes before it is passed into law
New Budget Bill in Parliament
New Budget Bill in Parliament

President Ebrahim Raisi submitted the fiscal 2022-23 budget bill to the parliament on Sunday.
In the next fiscal year (starting March 21, 2022), the operating budget (including revenues derived mainly from taxation and exports at the disposal of the government) has been projected to stand at 13,720 trillion rials (about $45.73 billion at the market exchange rate of 300,000 rials per dollar). 
Add to this, revenues earmarked for ministries and governmental institutions worth 1,332 trillion rials ($4.44 billion) take the total sum of the general budget to 15,052 trillion rials ($50.17 billion).


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