January 28, 2023

Persian News

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Raisi submits $131.5b budget bill to Majlis

TEHRAN – President Ebrahim Raisi submitted the administration’s draft of the national budget bill for the next Iranian calendar year 1402, which starts on March 21, to the Majlis on Wednesday.

The president said, “We have included the important points considered by the Leader in the general policies of the Seventh National Development Plan (2022-2026) in the drafting of the 1402 budget bill.”

As reported, paying attention to economic progress based on justice, food security and improving the livelihood of the people, reforming the budget structure, creating transparency, attracting governmental and private sector investments for semi-finished projects, the project related to water and drought, and implementing the government’s integrated financial management system are some highlighted pivots of the budget bill for the next year.

The proposed budget amounted to about 52.616 quadrillion rials (about $131.54 billion at the official rate of 400,000 rials).

The bill has estimated the government’s budget at 21.64 quadrillion rials (about $54.1 billion).

Public resources are estimated at 19.84 quadrillion rials (about $47.5 billion).

Tax revenues are predicted to be 8.386 quadrillion rials (about $20.965 billion).

MA/MA

Original News : https://www.tehrantimes.com/news/480715/Raisi-submits-131-5b-budget-bill-to-Majlis

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