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Iranian parliament passes $36.7 bln budget bill for first quarter of next solar year

Business Materials 10 March 2013 14:11 (UTC +04:00)
The Iranian parliament (Majlis) has approved a bill, based on which the administration will be allowed to receive and pay 450 trillion rials (about $36.7 billion) during the first quarter of the next Iranian calendar year, which starts on March 21, in accordance with the next year’s national budget bill, ISNA reported.
Iranian parliament passes $36.7 bln budget bill for first quarter of next solar year

Azerbaijan, Baku, Mar.10/ Trend G.Mehdi/

The Iranian parliament (Majlis) has approved a bill, based on which the administration will be allowed to receive and pay 450 trillion rials (about $36.7 billion) during the first quarter of the next Iranian calendar year, which starts on March 21, in accordance with the next year's national budget bill, ISNA reported.

On February 27, the Iranian administration submitted the 7,300 trillion rials (about $595.4 billion) budget bill for the next Iranian calendar year.

The proposed budget has increased by 22 percent compared to the year before.

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