News ID: 276825
Published: 0313 GMT November 15, 2020

Rouhani: Next year’s budget bill to minimize dependence on oil

Rouhani: Next year’s budget bill to minimize dependence on oil

Iranian President Hassan Rouhani said that the main goal of the national budget bill for the next Iranian year (to start March 21, 2021) is to downsize the government and cut the direct dependence on oil revenues.

Speaking at a meeting of the Resistance Economy Headquarters on Sunday, the president said that next year’s budget bill will be drafted within the framework of the general program of reforming the budget structure and general policies of the resistance economy, Shana reported.

“The main goal of the budget bill is to reduce costs, increase revenues, downsize the government, develop e-government, cut the direct budget dependence on oil, create a surge in production, and implement the general policies of the resistance economy,” Rouhani noted.

“The budget of the organizations should create new opportunities and sources of non-oil-dependent income for the country, without disturbing the balance of prices of goods and services in the same sector or other sectors. Also, solve the challenges facing the country related to the budget and facilitate the budget plan implementation process,” Rouhani stated.

“Strengthening and supporting domestic production and manufacturing and focusing on export development policy, especially non-oil exports, with special emphasis on neighboring countries and Eurasia as the target markets, and establishing long-term trade relations and reducing tariffs in bilateral or multilateral international agreements are the main tools to counter the sanctions,” the president concluded.



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