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    « Student protests this week | Main | Press watchdog barks again »
    Tuesday
    Mar092010

    Majles approves yearly budget

    Iran's Majles (Parliament) has approved a $347 billion budget for the upcoming Iranian calendar year (March 2010-March 2011).  Given the Majles's consistent criticism of Mahmoud Ahmadinejad's administration on economic matters, the bill's fairly easy approval (151 votes for, 62 against) should come as a relief to him.

    The budget is based on an oil price of $65/barrel.  It includes an eyebrow-raising $500 million for one of the hardline camp's pet projects, combating the enemies' soft war against the regime.

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