TEHRAN - The Iranian parliament approved the general outlines of the nationwide budget expense for the next Iranian calendar year 1402, which starts on March 21.
Throughout an open session of Majlis (Iranian parliament) on Sunday, the nationwide spending plan bill for the next year was put to a vote and 169 MPs out of 235 MPs who existed voted in favor of it and the generalities of the expense were approved.Talfiaq Committee, a body consisting of MPs from various committees, which is developed each year to study the national budget plan expense, authorized the basic policies of the bill for the next year on January 17.
President Ebrahim Raisi submitted the administrations draft of the nationwide spending plan costs for the next Iranian fiscal year to the Majlis on January 11.
The president discussed steady financial development, individualss livelihood, observing justice, and effectiveness of the federal government system as the primary approaches of the budget costs and specified: In this expense, the facility of a progress and justice fund in all provinces is predicted so that the advancement credits of the provinces are paid systematically.
Raisi likewise said, We have consisted of the important points thought about by the Leader in the basic policies of the Seventh National Development Plan (2022-2026) in the preparing of the 1402 budget plan costs.
As reported, reforming the spending plan structure, creating transparency, attracting governmental and economic sector financial investments for finishing semi-finished projects, and implementing the federal governments incorporated monetary management system are highlighted in the budget plan costs for the next year.The proposed spending plan amounted to about 52.616 quadrillion rials (about $131.54 billion at the free market rate of 400,000 rials), with a 40 percent increase from the existing years budget.MA/ MA
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