Cabinet approves 1397 budget's regulations/Gov't to use its share in companies as bankroll for issuing Sukuk/Gov't agrees with forming taskforce for fixing baggage amount allowance in free zones

The cabinet convened late on Sunday in a session chaired by President Hassan Rouhani and discussed and approved a number of executive regulations for 1397 budget act regarding some organisations such as the Industrial Development & Renovation Organization of Iran (IDRO) and Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Sun 08 - April 2018 - 21:45

The Council of Ministers also discussed and agreed to use the government's shares in companies as bankroll for issuing Islamic securities (Sukuk) based on the general principles of Article 44 of the Constitution of the Islamic Republic of Iran.

The cabinet also discussed and agreed with forming a taskforce for fixing the amount of baggage allowed for passengers in free trade and industrial zones.

At the session, Plan and Budget Organisation of Iran (PBO) reported to the cabinet on 1397 budget act and its amendments.

news id: 103821  

- sessions