Categories: EconomyGovernmentIFP ExclusiveParliamentSelectedTranslated by IFP

13% Growth in Budget Bill Rouhani Submitted to Parliament

Iran’s President Hassan Rouhani presented the draft budget for the next Iranian year (which will begin on March 21, 2017) to the Parliament on Sunday.

According to a report by IFP, Rouhani’s proposed budget shows a 13% growth compared with the one he submitted last year.

Iran’s President is obliged to present his drag budget by early December each year.

However, the extremely long delays of former president Mahmoud Ahmadinejad caused Parliament Speaker Ali Larijani to repeatedly appreciate Rouhani’s punctuality and respect for regulations.

Once the parliamentarians endorse the government’s proposed budget bill, it will go to the Guardian Council, the constitutional supervisory body, for ratification before becoming law.

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