EghtesadOnline: Majlis, the Iranian Parliament, agreed in principle over the budget bill outlines proposed by the government of President Ebrahim Raisi for the fiscal 2022-23.
EghtesadOnline: The government expects to earn 5,270 trillion rials ($17.5 billion) in tax revenues in the next fiscal year (March 2022-23).
EghtesadOnline: The budget bill for the fiscal 2022-23 has been finalized and President Ebrahim Raeisi has talked of submitting it to the Iranian Parliament this week.
EghtesadOnline: The Iranian Parliament rejected the outlines of the upcoming fiscal year’s (starting March 21) budget bill on Tuesday.
EghtesadOnline: The government has allocated 3,536 trillion rials ($13.7 billion) in the spending package for Iran’s 31 provinces as per the budget bill for the next fiscal year (March 2021-22), of which 2,896 trillion rials ($11 billion) will go to the operating budget and 640 trillion rials ($2.46 billion) will be spent on development projects.
EghtesadOnline: The Iranian Parliament, also known as Majlis, rejected the outlines of the upcoming fiscal year’s (starting March 20, 2020) budget bill on Monday.
EghtesadOnline: A total of 118.18 trillion rials ($872.17 million) have been allocated for the transportation sector in the next fiscal year's (March 2020-21) budget bill, of which 95.3% will be spent on development projects and 4.7% on operating expenses.
EghtesadOnline: In the next budget bill, $74 million will be earmarked for generating energy from waste, lawmaker Qasem Ahmadi Lashaki said.
EghtesadOnline: The parliamentary body responsible for reviewing the budget bill, the Majlis Joint Commission, has approved the pooling of next year’s revenues gained from the implementation of the Targeted Subsidies Law of 2010 and those earned from raising gasoline price since mid-November 2019.
EghtesadOnline: As projected in the draft budget bill for the fiscal 2020-21, the Iranian government has permitted municipalities to issue sukuk (Islamic bonds) to the tune of 50 trillion rials ($357 million) for expanding urban public transportation.