MP: Iran builds current budget bill on revenues of 2, 250,000 barrels of oil

Tehran, April 10, IRNA – An Iranian parliamentarian said the government has built the current budget bill on sale of 2,250,000 barrels of oil.

Mohammad Reza Pour Ebrahimi who is the spokesman for the parliament’s Joint Commission said that according to the proposed budget, every barrel of oil will be sold at 40 dollars.

Speaking in the Sunday morning session of the legislative body, he said the current year budget bill is trying to focus on monetary policies, the fifth development plan and the sustainable development policies.

He further noted that the bill has fixed the exchange rate for dollar at rls 29,970 for current year which is hoped to meet the need of the government in resources and income sectors.

According to the parliamentarian, the ceiling of the current year budget will be 250,000 billion in rials.