Tehran (IP) - Iran's parliament speaker noted that the budget bill needs major amendment as the budget operating deficit has grown by 117 percent over the previous year, while expenditure has grown by 47 percent and revenues by about 10 percent.

Iran Press/Iran News: Speaking at an open session of the Islamic Consultative Assembly on Sunday, January 27, Mohammad Bagher Ghalibaf said that the most important issue these days is reviewing next year's budget bill.

The budget is the most important annual governing document of the country, in which both macro and basic economic orientations are reflected, and it has a tangible impact on the lives of the people, he added.

He stated that the dependence of the budget on oil should be reduced to zero, saying that oil resources should not be spent on the country's current expenditures.

The drivers that boost production and employment must come from this source, and the government must create sustainable resources that do not harm people's livelihoods, businesses, or the country's production, he pointed.

The speaker of the parliament referred to the coronavirus outbreak and stressed that the parliament's main priority is on the health of the people and the elimination of problems and limitations.

Ghalibaf assured the people that the parliament will cooperate with the government to finance the production of domestic vaccines and the purchase and import of foreign vaccines.


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Iran's 2021 Budget highly dependent on oil; revenues are optimistic: MP