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Iranian Parliament approves revised national budget bill
Iranian lawmakers approved the revised national budget bill for the coming Iranian year (begins on March 20) during an open session of Parliament on Tuesday.
Expediency Council reviews next year’s budget bill
The budget bill for the next Iranian year of 1400 (to start March 21) was reviewed by the High Supervisory Board of the Expediency Council, announced Ali Aqa-Mohammadi, an Expediency Council member.
Parliament wraps up budget bill discussions
Iranian lawmakers finalized the budget bill for the upcoming new Iranian year (to start March 21) after several sessions and debates on Sunday.
NDF share of oil revenues in budget bill set at 38%
The Iranian Parliament on Sunday stipulated that the share of the National Development Fund (NDF) from the country’s oil and gas export revenues in the budget bill for the next Iranian year (starting March 21) would be 38 percent if crude oil exports surpass one million barrels per day (mbd).
Iranian Parliament ratifies outlines of budget bill
The Iranian Parliament on Tuesday approved the outlines of the national budget bill for the next Iranian year, which starts on March 21.
Iran’s Parliament receives new budget bill
The Iranian administration submitted a new bill on the next year’s national budget to the Parliament on Monday, two weeks after the lawmakers rejected the first one.
President defends next year’s proposed budget bill
Iranian President Hassan Rouhani defended the government’s proposed budget bill for the Iranian year 1400 after the country’s Parliament rejected the draft state budget on Tuesday.
Rouhani: Changes in budget structure will seriously damage people’s welfare
President Hassan Rouhani on Tuesday warned against modifications in the general outlines of a draft state budget of about $33.7 billion for the next Iranian calendar year, which begins on March 21.
Indian budget 2021 memes, jokes flood social media
As Indian Finance Minister Nirmala Sithraman started her Budget 2021 speech in parliament, Twitter users were predictably busy churning out memes. On Twitter, the hashtag #Budget2021 trended high as some users flooded the microblogging platform with memes and jokes after each announcement and others discussed the Budget. Sithraman said the Budget was prepared in circumstances like never before and that the government was fully prepared to back and facilitate a reset of the economy. This year, amid the coronavirus pandemic, the Budget was paperless. Instead, Finance Minister Nirmala Sitharaman was seen carrying a tablet in a red sleeve this morning, with reports stating that the device is a "Made in India" product.
India’s budget to keep spending intact to revive growth
India is unveiling a new budget on Monday committed to higher spending to revive growth, blowing out the fiscal deficit wider than expected as the government of Prime Minister Narendra Modi seeks to spend its way out of the pandemic-induced slump.
Brazil proposes cuts to 2021 budget for environmental protection as deforestation spikes
Brazil’s government under President Jair Bolsonaro is proposing the smallest budget for environmental protection in at least 13 years despite soaring destruction of the country’s Amazon rainforest, according to data from non-profit Contas Abertas.
Iranian Parliament lowers oil export target to 1.5 mbd
Iran's Parliament lowered the government's oil export target from 2.3 million barrels per day (mbd) to 1.5 mbd to manage expectations.
Next Iranian year’s budget bill submitted to Parliament
Vice President for Parliamentary Affairs Hossein-Ali Amiri submitted the draft of the national budget bill for the next Iranian year to Parliament on Wednesday.
Next year's budget bill based on $40 oil price: Iran’s PBO
The head of Iran’s Plan and Budget Organization (PBO) said on Wednesday that his organization is considering $40 per barrel of oil for preparing the national budget bill for the next Iranian year (starting March 21, 2021).

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