Macro figures of Iran’s new budget bill
New details published about Iran's upcoming solar year budget bill which was submitted to Parliament to be ratified last week, indicate elimination of some concrete figures in the bill including the price of oil and the USD rate. Iran's Finance and Economic Affairs Minister Shamseddin Hosseini said on Tuesday that the USD rate is set on the open market and the oil price on the international one. So, setting certain figures about these in budget bill is meaningless. He said that overall numbers are written in, but not set in concrete. The Iranian government solar year will start on March 20. According to the new budget bill, an income of $31 billion crude oil exports is targeted, indicating a 39.3 per cent decrease (based on USD) compared to the current solar year. With reference to this fact that the international oil price has not been predicted to change, then the amount of crude oil and condensate exports for next solar year is aimed to be about 40 per cent les