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Leader Calls for Undertaking Structural Reforms in Budget

Leader Calls for Undertaking Structural Reforms in BudgetLeader Calls for Undertaking Structural Reforms in Budget

The government-proposed budget bill for the next fiscal year (March 2019-20) has been sent back to the Plan and Budget Organization to undergo structural reforms on the orders of Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei. 
“A decline in government spending according to the law of the country, upholding the principles of 'Resistance Economy' and reducing the economy’s reliance on oil revenues are what the Leader has called for when revising the budget bill,” Parliament Speaker Ali Larijani said on Monday. 
The concept of "Resistance Economy", first proposed by the Leader, is to reinforce and shield the domestic economy from external shocks, and promote domestic production and self-sufficiency. 

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