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President Ebrahim Raisi submitting the administration’s draft of the national budget bill Following an eventful row between Iran’s parliament and administration, the budget bill is finally getting the approval of lawmakers, but there is a catch about the country’s oil exports. When the administration of President Ebrahim Raisi submitted the substantially enlarged draft state budget last week, it was apparent that the government has come up with plans to depend more on tax revenues instead of oil income. But now that the parliament has started reviewing the bill, it has become clearer that the administration plans to outsource most of its oil sales to military and religious organs. In the budget bill for the next Iranian year, which starts March 21, the government has granted new permits to some departments such as the General Staff of the Armed Forces of the Islamic Republic and Astan Quds Razavi — the Mashhad-based custodian and the administrative organization which managing a major religious shrine — as well as a number pension funds to sell oil products on behalf of the government and earn some of the income. According to the Note 1 of the bill – titled “Oil and its relations with […]
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