EghtesadOnline: While debating the March 2019-20 budget bill on Monday, lawmakers allowed the government to borrow $30 billion in foreign finance in the next fiscal (March 2019-20).
EghtesadOnline: Lawmakers on Sunday approved an amendment to next year's (March 2019-20) budget bill obliging the Oil Ministry to offer on a monthly basis 2 million barrels of light crude on the Iran Energy Exchange.
EghtesadOnline: Iranian lawmakers approved the outlines of the next fiscal year's (March 2019-20) budget bill in an open session of the parliament on Saturday.
EghtesadOnline: Share of the National Development Fund of Iran from the export of oil and natural gas derivatives are estimated in next year’s budget bill (March 2019-20) at $6.7 billion.
EghtesadOnline: The performance of Iran’s real economy was weaker than expected in the first half of the current fiscal year (March 21-Sept. 22, 2018), a report by the research arm of Iranian Parliament reads.
EghtesadOnline: With lawmakers insisting on their own version of anti-terror finance (known as CFT) bill, the legislation on Sunday was sent to the arbitration Expediency Council for a final decision.
EghtesadOnline: The parliamentary body responsible for reviewing the budget bill, Majlis Joint Commission, approved the outlines of the government-proposed budget for the next Iranian year (March 2019-20) on Sunday.
EghtesadOnline: The Majlis Research Center, the parliament’s research arm, has taken a dim view of the preferential forex rate policy of the government in the past months and warned about the perpetuation of failed tried and tested policies in the coming year as seen in the proposed 2019-20 budget bill.
EghtesadOnline: Fitch Ratings, the international ratings agency, has said in a report that Iran's banking supervisory authority will benefit from two bills sent by President Hassan Rouhani to parliament to push banking reforms.
EghtesadOnline: Forecasting the future of the oil market is crucial, especially for countries where oil export is the lifeblood of the economy and budgets are constructed, deconstructed and reconstructed depending on crude price and production.