TEHRAN- The Head of Budget and Planning Organization Mohammad Baqer Nobakht announced on Saturday that the budget bill for the next Iranian calendar year 1398 (starting on March 21, 2019) will be submitted to the parliament on December 30, 2018 or January 1, 2019, Tasnim news agency reported.

The official added that the prepared budget bill, which was to be submitted to the parliament on December 16, foresees budget management in the next two years.

As the presidential chief of staff Mahmoud Vaezi announced few days ago the predicted expenses have been reduced in the budget bill. “All the expenses except those allocated to Imam Khomeini Relief Foundation, State Welfare Organization of Iran and Civil Servants Pension Organization (C.S.P.O) have been reduced in the bill,” he said.

HJ/MA