The measure was adopted as part of a plan to amend Article 46 of the
Seventh Development Plan relating to the fund’s sources.
The bill stipulates that the annual one-percent allocation from these
export revenues be deposited into the energy-optimization fund in full,
consistent with the administration’s budget obligations to repay
energy-optimization projects.
The approval comes after a plenary session in which lawmakers reviewed
the two-urgency proposal, following earlier discussions this week.
Lawmakers had previously signaled support in a Sunday session for the
concept of dedicating a portion of oil and gas export proceeds to the fund, as
part of an ongoing effort to finance energy-efficiency programs while aligning
with the Seventh Development Plan.