Ahmad Tavakoli

The Iranian Parliament has severely criticized President Mahmoud Ahmadinejad’s administration for its economic policies.

Ahmad Tavakoli, the head of the Parliament’s research centre, said today the government’s budget is “undisciplined, confused and heavily dependent on oil revenues.”

He added that the administration was late in submitting its budget and, therefore, Parliament did not have sufficient time to examine it.

He expressed concern that the budget will leave a heavy debt for the next government and will increase Iran’s dependence on oil revenues.

Tavakoli confirmed that the economy is in recession and said that the government’s mishandling of subsidy restructuring is aggravating the situation.

Ahmadinejad has faced continuous disputes and criticisms from Parliament in recent years.