The government has applied several new changes in the national budget bill for the next Iranian calendar year (begins on March 21, 2022) which according to experts and analysts will ensure the stock market’s stability and growth in the coming years, IRNA reported.
President Ebrahim Raisi submitted the administration’s draft of the national budget bill for the next Iranian calendar year 1401, which starts on March 21, 2022, to the Majlis on Sunday.
President Seyed Ebrahim Raisi says, "The next year budget is the first important financial document to be submitted to Majlis in this government, adding that the government wants this budget to have no deficit and inflation and to include economic growth”.
Spokesman to the Guardian Council says Majlis cannot change the structure of next year’s budget bill which has been submitted by President Hassan Rouhani and it can only change details and figures of the bill.
Vice President for Legal and Parliamentary Affairs submitted the President Rouhani administration’s proposed budget bill for the next Iranian fiscal year (which will begin in March 2020) to the parliament on Wednesday.
The draft budget plan for the next Iranian year (to start March 21, 2021) instructed to the executive bodies has targeted an inflation rate of 22 percent.
The Central Bank of Iran (CBI) has paid $14.5 billion for basic and essential goods, despite the coronavirus and its associated problems, said Iranian President Hassan Rouhani on Wednesday.
Hassan Rouhani said that 20 percent of the country's annual budget is dedicated to combating coronavirus.
Budget deficit in Russia could reach 0.9% of gross domestic product (GDP) in 2020 at current oil prices, Finance Minister, Anton Siluanov said.
After studying the next year's budget bill, the Expediency Council on Saturday sent the bill to the Guardian Council for final ratification.