Iran Parliament Allocates €1.5bln for Boosting Defense Power

TEHRAN (Tasnim) – Reviewing the next Iranian fiscal year’s national budget bill, the lawmakers on Sunday approved a motion to allocate 1.5 billion euros to the country’s plans to boost the defense power.  

Iran Parliament Allocates €1.5bln for Boosting Defense Power

In an open session of the parliament on Sunday, the MPs voted for an extension clause to the budget bill, which allows the administration to withdraw from the National Development Fund and allocate 1.5 billion euros for boosting the defense sector.

The extension clause was approved by 160 votes in favor to 22 votes against with 12 abstentions.

Iranian President Hassan Rouhani submitted the budget bill for the next Iranian year (March 2019-March 2020) to the parliament on Dec. 25, 2018.

Iranian officials have repeatedly underscored that the country will not hesitate to strengthen its military capabilities, including its missile power, which are entirely meant for defense, and that Iran’s defense capabilities will be never subject to negotiations.

Back in February 2018, Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei called for efforts to maintain and boost Iran’s defense capabilities, hitting back at the enemies for disputing the country’s missile program.

“Without a moment of hesitation, the country must move to acquire whatever is necessary for defense, even if the whole world is opposed to it,” Ayatollah Khamenei said on February 18.

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