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Sharp drop in Iran’s expected revenues from oil in the new year budget

Monday, 1 April 2013

Gholam Reza Mesbahi Moghaddam, head of the  Majlis Budget and Planning Committee, said that the Majlis agrees with halving projected oil revenues in the 2013/14 Government budget. The 2012/13 (last Iranian year- 1391) budget was based on the export of 2.3 million barrels per day (bpd), but Iran’s sales fell to about half that amount. The 2013/14 (new Iranian year – 1392) budget sets oil exports at 1.3 million bpd.

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  • Published: 110 days ago on Monday, 1 April 2013
  • By: Iran Daily Brief
  • Last Modified: March 31, 2013 @ 12:23 pm
  • Filed Under: Economy
  • Tagged with:
  • Source(s):
    • http://www.asriran.com/fa/news/264459; http://tasnimnews.com/Detail?id=36829

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