Live Update 
From the Liveblog of
Tuesday, December 25, 2018
From the Liveblog of
Tuesday, December 25, 2018
Iran presents budget to counter ‘cruel’ US sanctions
Add ToI as a Preferred Source on GoogleIranian President Hassan Rouhani on Tuesday unveils Iran’s first annual budget since the return of US sanctions, saying it had been adjusted to take account of Washington’s “cruel” measures.
The Iranian president announces a 20 percent increase in public sector wages in a sign of the economic challenges the Islamic republic has faced since the United States pulled out of the 2015 nuclear deal earlier this year.
The speech gave only a few general points of the budget — which will now be scrutinized and voted on by parliament — but acknowledges the pressure Iran was under.
— AFP
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