Next year's budget bill not much reliant on oil-revenues: Rouhani

TEHRAN, Dec. 08 (MNA) – Iranian President Hassan Rouhani said that the country's budget bill for the next fiscal year has been designed to counter US sanctions and that it is not much reliant on oil revenues.

“Our budget for the next year, like the current year, will be based on resistance against sanctions; the budget’s message is that we will manage the country despite all sanctions,” he said on Sunday in the open session of the Parliament.

“Next year’s budget is not much reliant on oil. Anticipated revenues for oil and gas sales are close to the required budget for civil projects,” he said, adding that 700 trillion rials (some $5.3 billion) have been allocated to such projects.

Rouhani was at the Parliament to submit the next year’s budget bill.

“We were under the toughest sanctions last year; we promised that the administration, with the support of the resistant Iranian nation and other organizations, would make every effort to provide and implement the budget and this has been realized by now,” Rouhani said.

Nine months have passed since the year 1398 and all the daily budgets have been provided, he said, adding that 340 trillion rials (some $2.6 billion) have been allocated to civil projects. “Major projects have either been inaugurated or will be by the year-end.”

“All this has been realized while Americans and Zionists thought that sanctions would cripple the government, but they gave up on that and will keep being disappointed in the future,” Rouhani said.

“The enemies’ plots to affect Iran’s economy have failed and the government has taken considerable steps based on people and the parliament’s wish and demands in macroeconomics.”

He went on to brief the lawmakers on the achievements of the administration during the last year in different sectors such as in energy, agriculture, and health despite sanctions being imposed on the country.

Rouhani added that "I have good news for our dear representatives and nation. Our economic relations with neighboring and non-neighboring countries have improved in recent months and we hope to improve our relations with these countries."

"Our temporary entry into the Eurasian Economic Union means that our goods and products will be exported with better figures without tariffs or with very low tariffs," the president said, adding, "We are going to implement the same plan soon with Turkey, the Republic of Azerbaijan and other countries”.

Rouhani added, "Regarding our plans for investment, out of Russia’s $5 billion investment in Iran, over $2 billion has already been finalized and the rest will be operational in 2020,” as reported by Iranian President’s office.

MNA/4791571/PR

News Code 153145

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