71 per cent of Iran’s national budget goes on state departments
Azerbaijan, Baku, Feb. 6 / Trend F.Milad/
Some 71 per cent of Iran's national budget for the next calendar year, which starts on March 20, has been allocated to state-run organisations, a member of parliament said, adding that the issue is contrary to the objectives of the Constitution for downsizing the government.
Ali-Asghar Yousefnejad told Mehr news agency that the budget bill has not allocated special sums for promoting job creation in the country.
President Mahmoud Ahmadinejad presented the administration's draft of the national budget bill for the next calendar year to the parliament on February 1.
The proposed national budget amounts to about 5.1 quadrillion rials (approximately $416 billion). The national budget for the previous year saw about 5.39 quadrillion rials of expenditure.
Reportedly, next year's national budget is based on an oil price of $85 per barrel and the average value of the U.S. dollar for the fiscal year has been projected to be 11,500 rials.