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Details of the budget bill 1401

Details of the budget bill 1401

🔻 29% increase in the minimum wage
🔷 With the following provisions in the budget, the salaries of people who receive less than the average salary will increase more than the salaries of people who receive more than the average, and the salary gap will be reduced:
🔷 Gross salary increase in reverse steps from 29% to 5%
🔷 The minimum amount stated in the employment orders will increase from 35 million Rials to 45 million Rials with a 29% increase
🔷 1700 points will be added to the employment orders of all employees, which is equivalent to a fixed amount of 533,800 Tomans.
🔷 Rial coefficient with 3% growth changes from 3048 to 3140.
🔷 For retirees, the amount of 533,800 Tomans is fixed and 3% growth is applied.

 

🔻 Construction budget focus on water stress and drought problems
🔷 Credits of water resources from 9.3 thousand billion tomans in the budget law 1400 to 22.3 thousand billion tomans in order to eliminate water stress and strengthen sustainable water supply to essential urban and rural areas; Increased.
🔷 Credits for the acquisition of capital assets (construction budget) compared to the year 1400 with a growth of more than 43% has reached 251 thousand and 815 billion tomans.

 

🔻 15% reduction in government spending
🔷 In the budget bill, government expenditures, with the exception of salaries, have been reduced by 15%.
🔷 12,000 billion Tomans has been allocated for the implementation of the Family Protection and Youth Law.
🔷 9,000 billion Tomans has been allocated for the end-of-service bonus of veterans.
🔷 22,600 billion Tomans has been allocated for end-of-service bonuses for retirees.
🔷 25 thousand billion Tomans has been allocated for the ranking of teachers.

 

🔻 Good budget news for the provinces
🔷 In order to achieve 8% economic growth, the amount of 150,000 billion tomans has been allocated in the ceiling of targeted resources and public resources of the 1401 bill.
🔷 To strengthen the credits of the provinces and in order to decentralize, according to the capabilities of the provinces based on land management, 422 special (national provincial) provincial plans will be transferred to the provinces.
🔷 A significant part of 150 thousand billion tomans of economic growth resources will be provided to the provinces.

 

🔻 Directing subsidies to the lower classes
🔷 Increasing the credits of the program to fight absolute poverty for the people covered by the Relief and Welfare Committee, equivalent to twice the salaries of the employees of the cash and non-cash subsidy program and livelihood, equal to 73.8 thousand billion Tomans
🔷 Subsidies in the field of health in accordance with Article 46 of the Accession Law 2 in the amount of 32 billion tomans have been considered.
🔷 Subsidies for bread, wheat, medicine, and medical equipment, and agricultural inputs amount to 140 thousand billion tomans.
🔷 24 thousand billion tomans of resources to support production in the energy sector and to support employment equivalent to 46 thousand billion tomans have been considered.
🔷 Resources forecast in the form of Iran Development and Justice Fund (national and provincial) in the amount of 46 thousand billion tomans and including energy support resources in the Ministry of Oil is equivalent to 70 thousand billion tomans.

 

🔻 Reduce bond issuance and focus on oil sales

🔷 In the budget bill, the issuance of Islamic financial securities has been reduced from 132,500 billion tomans to 88,000 billion tomans.

🔷 Exports of oil over 1.2 million barrels and an oil price of 53 euros ($60) are estimated.

🔷 Net gas exports are estimated at $ 3.58 billion and feed 145,000 barrels per day to petrochemicals and refineries.

🔷 The housing fund of the deprived is formed
🔷 It is planned to provide 4 million housing units with talented housing by the end of 1401.
🔷 Funds from the National Housing Fund have been strengthened and plans have been made for the implementation of two million housing units by the end of next year, 30% of which will be completed.
🔷 5 thousand billion tomans will be allocated for setting up a housing fund for the deprived.
🔷 The capacity of the Ministry of Roads and Urban Development real estate and the resources of the Development and Justice Fund will be used to strengthen the resources of the National Housing Fund.

 

🔻 Accelerate rail and road designs
🔷 In the budget of 1401, good resources have been seen for rail and road transportation projects, so that by the end of the year, we will see the realization of the following goals.
🔷 Increasing the length of railway lines from 12190 km to 12700 km
🔷 Increase loading and unloading capacity from 285 to 290 million tons
Increase the length of highways from 19600 to 19800 km
🔷 Increase the length of the freeway from 2730 to 2950 km
🔷 Completion of 43 km of metro lines inside and outside the city with the cooperation of municipalities
🔷 Reconstruction of 5,000 city buses in cooperation with municipalities in 70 cities of the country

🔷 Construction of new refinery accelerates with government/gas supply assistance
🔷 2 thousand billion tomans for gas supply to villages and areas without gas is provided in the budget.
🔷 $ 300 million has been earmarked for the development of the Abadan refinery and the construction of a new oil refinery with a capacity of 300,000 barrels per day is targeted.
🔷 Completion of the western ethylene line to supply feed to petrochemicals under construction and 15 thousand billion tomans for fuel optimization projects is considered.
🔷 Good resources have also been found to support venture capital and knowledge-based domestic production.

 

🔻 Growth of crops and increase of 1.2 million hectares of watershed management
🔷 Next year’s budget shows 7.3 million tons of resources needed to increase crop and horticultural production.
🔷 Also, by allocating the necessary resources, demarcation and issuance of agricultural land ownership documents for 900 thousand hectares and watershed management of 1.2 million hectares will be done.
🔷 Completion and operation of 10,000 hectares of irrigation and drainage network and increasing the coefficient of self-reliance in the production of domestic chickens from 10 to 58% are other program goals of the budget.
🔷 The level of agricultural insurance coverage will increase from 18% to 27% and the resources of this fund will be strengthened.

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