President Hassan Rouhani presented the very first budget bill of his government to the Iranian Majles on Dec. 8. (Incidentally, after eight years of defiance and delays in budget debates caused by the Mahmoud Ahmadinejad administration, the new government managed to return to the normal process of presenting the budget bill.)
In this short piece, we will dissect the proposed bill. Evidently, over the next few weeks, the bill will be subject to parliamentary debates and amendments; however, one can detect the government’s preferred approach to key aspects of the country’s economy.