TEHRAN (Fars News Agency)- Iranian MPs here on Sunday voted for the generalities of the government's proposed budget bill for the next Iranian year (beginning on March 21).
general features of the $298 billion budget bill were approved following rather
short debates among the pros and cons in a 5-hour-long session.
Discussions on President Mahmoud Ahmadinejad's proposed economic reform plan formed one of the main issues reviewed by the MPs.
According to the $20 billion plan, the state subsidies for fuel, natural gas and electricity will be cut and the cash will be distributed among low-income families to compensate for the price hike caused by the plan.
During the session, all the MPs emphasized the correct and logical implementation of the economic reform plan.
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