Dec 10, 2017, 9:54 AM
News Code: 82758115
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Iran's economy needs speed and transparency: Pres. Rouhani

Tehran, Dec 10, IRNA – Tehran, Dec 10, IRNA – Iranian President Hassan Rouhani said on Sunday his draft budget bill is based on 'transparency' and 'speed' while in his first term of office he focused on economic tranquility.

Rouhani made the remarks in in Majlis' (parliament) main chamber before submitting the budget bill for the next Iranian calendar year (beginning on March 21, 2018).

He said the draft budget bill is plannned to bring about major development as his government has started a new process and is set to follow it in the coming years.

'The budget bill for the year 1397 (Iranian calendar year) is the cornerstone for the 12th government,' said Rouhani who is in his second term of office as Iran's president since August 2017.

This year's budget is mainly based on transparency, and payments to the organizations and ministries will be based on their quarterly activity report, he said.

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