President Ebrahim Raisi submitted the budget bill of the upcoming fiscal year (March 2023-24) to the parliament on Jan. 11.
The submission was about one month late as it is due on the 15th of the ninth Iranian month every year, which fell on Dec. 6, 2022, this year, Fars News Agency reported.
The main numbers in the budget bill include 19,840 trillion rials ($49.6 billion) allocated as operating budget (including revenues derived mainly from taxation and exports at the disposal of the government) plus 1,800 trillion rials ($4.5 billion) exclusive to ministries and governmental institutions, which bring the total sum of the general budget to 21,640 trillion rials ($54.1 billion).
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