MPs Pass $104.6b General Budget
MPs Pass $104.6b General Budget

Iranian MPs Pass $104.6b General Budget

Iranian MPs Pass $104.6b General Budget

The Iranian Parliament on Sunday passed Iran’s general budget for the upcoming new year (March 2017-18).  The lawmakers put the figure at 3.98 quadrillion rials ($104.6 billion).

The general budget includes revenues of ministries and state institutions, which amount to 516.3 trillion rials ($13.5 billion), IRNA reported.

In the budget law of the current Iranian year (March 2016-17), the figure stood at 3.35 quadrillion rials ($88 billion), which is about 19% less compared to the new budget’s figure.

The parliament has been intensively reviewing the budget bill proposed by the government in December as the Iranian yearend draws closer. The MPs’ votes need the final endorsement of the Guardians Council—the body in charge of ascertaining the constitutional and Islamic nature of all laws—before it becomes law.


Short URL : https://goo.gl/3oC7gH
  1. https://goo.gl/LRtfs1
  • https://goo.gl/8HiuPm
  • https://goo.gl/dOQMHg
  • https://goo.gl/ULRQVC
  • https://goo.gl/dv5kZ0

You can also read ...

Indian Cabinet Clears Tax Treaty With Iran
The Indian Cabinet on Wednesday cleared a double taxation...
(From L) Foreign ministers of Azerbaijan, Elmar Mammadyarov; Georgia, Mikheil Janelidze; Iran, Mohammad Javad Zarif; and Turkey, Mevlut Cavusoglu meet in Baku on March 15.
The foreign ministers of Turkey, Azerbaijan, Georgia and Iran...
Iran National Pavilion Opens  in Shanghai Free Trade Zone
Iran National Pavilion has been launched in the Shanghai Free...
Spotify Touts Growth Over Profits in Listing Pitch to Retail Investors
Streaming music leader Spotify used its cultural cool factor...
Facebook Bans Far-Right British Group
Facebook has banned the far-right political group ‘Britain...
Farshad Heydari (C) addresses a press conference in Tehran. 
The controversy surrounding the high number of Iranian bank...

Add new comment

Read our comment policy before posting your viewpoints