Iran’s parliament on 10 March passed a three-month stop-gap budget rather than one for the full year starting on 21 March, because the budget was submitted 84 days late to the parliament by President Mahmoud Ahmadinejad.

This short-term budget authorizes the spending of IR450,000bn ($36.7bn at $1=IR12,260) in the first quarter of the Iranian year (21 March -20 June 2013), Fars news agency said. (CONTINUED - 337 WORDS)