IFP Exclusive

Iran parliament approves 4.5bn euro defense spending

Iran’s parliament has allocated 4.5 billion euros to strengthen the country’s defense might and strategic research.

Iranian lawmakers approved the figure which will be paid by the National Iranian Oil Company as part of next year’s budget plan.

Iran has developed a robust defense program over the past decades by utilizing domestic resources and capabilities.

It now domestically manufactures different types of weapons and military hardware and plans to boost military exports.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

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