Iran finalizes next year’s budget bill

Business Materials 7 December 2013 17:12 (UTC +04:00)

Baku, Azerbaijan, Dec.7

By Fatih Karimov - Trend:

The budget bill for the next Iranian calendar year has been finalized and will be submitted to the parliament tomorrow, the Mehr News Agency quoted Iranian president Hassan Rouhani as saying on December 7.

The next Iranian year starts on March 21, 2014.

Rouhani did not provide any further details about the budget bill.

On November 30, the Tasnim News agency quoted Iranian presidential deputy for planning Mohammad-Baqer Nobakht as saying that the U.S. dollar exchange rate will be fixed in the budget bill.

Moreover, the budget bill has envisaged that the second phase of the subsidy reform plan will be implemented in the next year, he added.