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Budget Review Commission of the Parliament Opposes Establishment of the Oil Bourse

A member of the year 1399’s budget review commission of the Parliament announced that some proposals were raised and stipulated in the Note no. 1 of the budget bill about the establishment of the oil bourse, which was opposed by the members of the commission.
Budget Review Commission of the Parliament Opposes Establishment of the Oil Bourse

Hojatol-eslam Pezhmanfar, representative of the Mashad constituency in the parliament, referred to the meeting of the commission today and said that during today’s meeting the addendum proposals to the Note no. 1 of the budget bill of the year 1399 hijri ( March 20th 2019-March 20th 2020) were offered and looked into by the members; however, none of them won majority votes and were dismissed from the commission’s agenda.

He went on to say that there was a proposal set forth as to launching of petroleum bourse but the members said nay to that; there were other proposals in the bill as to establishment of oil bourse, which again faced nay vote of the commission.

The member to the budget commission of the year 99 in Majles stated that there were some offers on underwriting and issuing of oil bourse securities and bonds, which faced the negative votes of the members of the commission.

Pezhmanfar noted that addendum offers to the Note no.2 of the budget bill of the year 1399 will be reviewed and discussed in the evening session of the commission.

Author: International Affairs and PR

ID: 50072669

Published on: Tuesday, January 7, 2020 17:00

Source: Iran Mercantile Exchange

View count: 357

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