Govt To Submit Next Year's Budget Bill To Majlis Next Week

Tehran, Dec 4, IRNA – The Government will submit the budget bill for the next Iranian calendar year of 1393 to Majlis next week. Government spokesman Mohammad-Bagher Nobakht told IRNA on Tuesday that he would provide details of the bill on the sidelines of the cabinet session on Wednesday. The US 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 next year. On October 16, Majlis approved general outlines of the current years budget bill amendment. The Majlis approved the current years 7.270 quadrillion rails (about $295 billion based on the official U.S dollar rate, a dollar equals to 24,900 rials) budget bill./end