Financial Times FT.com

Iran’s president to present budget

By Gareth Smyth in Tehran

Published: January 19 2007 18:09 | Last updated: January 19 2007 18:09

President Mahmoud Ahmadi-Nejad will on Sunday present his second annual budget to the Iranian parliament in the face of bitter criticism over his government’s economic mismanagement and growing reliance on oil revenue.

Most deputies come from the same conservative camp as the president, but relations have been bad since, shortly after his election in 2005, parliament rejected his first three nominees for oil minister.

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