Iran's parliament approves $97 bn budget for current year![]() April 19, 2016 - 17:58 AMT PanARMENIAN.Net - Iran's official IRNA news agency is reporting that the country's parliament has approved a $97 billion budget for the current year, the Associated Press reports. The Tuesday report says that the new budget allows the government to set the price of oil at $40 a barrel and to export 2.25 million barrels per day. Iran says it has increased its crude export to 2.1 million barrels per day, almost double the production levels before a nuclear deal with world powers went into effect in January. The deal resulted in the lifting of international sanctions and the resumption of Iranian oil exports. The bill needs ratification by the Guardian Council, a constitutional watchdog, to become law. Related links: Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. Partner news |