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Tehran draws up expenditure on Iranians residing in US

Business Materials 26 February 2017 16:52 (UTC +04:00)

Baku, Azerbaijan, Feb. 26

By Khalid Kazimov – Trend:

Responding to US President Donald Trump’s anti-immigration executive order, the Islamic Republic’s parliament has passed a law which tasks the government to spend over $60 million to help Iranians residing in the US return home.

Reviewing the country’s budget bill for the coming fiscal year (starting March 20), parliamentarians on February 26 passed an article which tasks the government to allocate $60.6 million to Ministry of Science, Research and Technology as well as Ministry of Foreign Affairs and Finance in order to encourage Iranians residing in the US to return to the Islamic Republic, Mehr news agency reported.

The MPs on the same day approved the amount of the country’s general budget for the coming fiscal year. According to the bill, the amount of the country’s general budget for the next year will stand at $120.7billion (3.983 quadrillion rials).

President Hassan Rouhani handed over his proposed draft budget bill to parliament last December. The draft budget has put the price of US dollar at 33,000 rials.

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