Wednesday, August 17, 2022

Iran parliament approves generalities of next year’s budget bill

The Iranian parliament has approved the generalities of the budget for the next Iranian calendar year that begins on March 21. The lawmakers voted for the generalities of the budget bill with 174 votes in favor, 76 against and 6 abstentions.

According the parliamentary procedure, the 864-billion-dollar budget bill (with the official rate of 42,000 rilas each dollar) is submitted to a cross-committee commission for expert work on its details.

The commission has a 15-day window to examine the details of the bill. Meanwhile, lawmakers have a 10-day window to present their possible proposals for any change in the budget bill to the experts committees.

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