Iranian government to submit 2-month budget to parliament
Baku, Azerbaijan, March 9
By Fatih Karimov - Trend:
The Iranian government agreed to submit a two twelfth budget bill for next fiscal year (to start March 21) to parliament, Iran's IRNA news agency reported March 9.
President Hassan Rouhani introduced the budget bill for next fiscal year to the parliament in January, a month and a half later than he did in first and second years of his presidency.
When the proposed budget was handed to parliament, Ali Larijani, the parliament speaker called on the government to come up with two twelfth plan instead because the legislative body wasn't able to hold deliberations on the new budget with only two months to end of the current Iranian fiscal year.
Iran's ISNA news agency quoted GholamrezaTajgardoun, the chairman of parliament's Commission for Plan and Budget as saying reviewing the two twelfth plan will start in parliament on March 14.
He further forecasted that parliament will ratify the budget bill for next fiscal year by April.
On March 6, the Iranian MPs also agreed to review a bill which envisages postponing the implementation of the Sixth Development Plan in the country.
Iran's Fifth Five-Year Development Plan ends by March 21, 2016, meanwhile the parliament has not yet approved the sixth development plan.
Much of President Hassan Rouhani's economic reforms are outlined in the Sixth Development Plan (2016-20), which he introduced to the parliament in January, alongside the budget bill for the fiscal year ending 20 March 2017.
Mohammad Reza Pour-Ebrahimi, the spokesman of the Parliament's Special Commission which studies the budget, said that the government has submitted the development plan to the parliament with delay, so the MPs will not be able to study the plan and ratify it before March 21.
So the commission suggested that implementation of the fifth development plan to be extended till approval of the new plan, he added.