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.
Vice President and Head of Plan and Budget Organization (PBO) Mohammad Baqer Nobakht says Iran is fully ready to export 4.6m bpd of crude oil in case the sanctions are lifted by the U.S. but in the budget bill, it is predicted the country to sell between 1 to 2.3m bpd next year.
Iran’s President Hassan Rouhani is to submit the budget bill of the next Iranian calendar year of 1398 (beginning on March 21, 2019) to Majlis (Iran’s Parliament) on Tuesday.
The mechanisms for implementing open market operations, as an effective measure to control and implement monetary and interest rate policies, have been included in next year’s (March 2019-20) budget bill, said the governor of Central Bank of Iran.
Iranian President Hassan Rouhani submitted the budget bill for the next Iranian fiscal year, which begins on March 20, 2018, to the parliament.
