President Pezeshkian delivered a speech at an open session of Parliament where he introduced the national budget for the Iranian calendar year 1404, starting in March 2025. Emphasizing the importance of strengthening Iran’s defense power, he stated that the budget prioritizes national security in response to regional threats.
The budget, crafted by Pezeshkian’s administration after two months of hard work, also focuses on promoting economic growth, increasing oil production, bolstering medication reserves, managing water distribution, and providing affordable housing for disadvantaged groups.
Per Iranian Parliament regulations, the government must present the annual budget bill no later than December. The bill undergoes scrutiny and approval by Parliament before being sent to the Constitutional Council for final ratification.