Lawmakers start reviewing next year’s budget bill

Out of a total of 290 parliamentarians, 215 were present at today’s open session headed by Majlis Speaker Ali Larijani.

On Dec 4, 2016, President Hassan Rouhani presented the draft budget for the next Iranian year to the parliament.

As per the internal regulations of Majlis, the administration should present the annual budget bill to the parliament by December 5 each year.

The Iranian Lawmakers will have ten days for discussions on the bill in the subcommittees of the parliament.

The subcommittees will then review lawmakers' suggestions and finalize a report to a parliamentary special committee reviewing the budget within 15 days.

The committee should then provide its final report for a second reading in the open session of Majlis.

Parliamentarians will then confer the final bill. If approved, the budget bill will then be sent to the country’s Guardian Council, whose approval is needed for the bill to be signed into law.

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