Oil revenues


  • budget 2020/11/24

    BY: Ebrahim Fallahi

    National budget bill: how much oil income is forecast?

    TEHRAN – Iran’s Planning and Budget Organization (PBO) has handed over the draft of the national budget bill for the next Iranian calendar year (starts on March 21, 2021) to the government for review.

  • Nobakht 2019-12-09 12:41

    Iran expects to sell 1m bpd of oil at $50 next year

    TEHRAN – Head of Iran’s Planning and Budget Organization (PBO) said the oil revenues in budget bill for the next Iranian calendar year (starts on March 20, 2020) are estimated on the expectations of selling one million barrels per day (bpd) of oil at an average price of $50, ISNA reported.

  • Nobakht 2019-10-21 21:21

    ‘Budget bill to include development, employment, subsidy plans’

    TEHRAN- Head of Iran’s Planning and Budget Organization (PBO) said that three biennial plans on development, subsidies and employment will be attached to the national budget bill for the next Iranian calendar year of 1399 (begins on March 20, 2020) to be submitted to the parliament.

  • Dejpasand 2019-06-07 21:16

    ‘Cutting budget dependency on oil revenues, top economic priority’

    TEHRAN- Iranian Minister of Finance and Economic Affairs Farhad Dejpasand said that reducing the current year’s budget dependency on oil exports is the most important economic objective in the country, Mehr news agency reported.

  • Jahangiri 2019-05-14 22:24

    Iran’s budget reliance on oil revenues down 30%: Jahangiri

    TEHRAN- Iran has reduced its budget reliance on oil incomes to 30 percent through efforts made during the recent years, Iranian First Vice President Es’haq Jahangiri underlined.

  • oil income 2019-04-08 20:18

    Iran’s annual oil revenues exceed $65.8b: CBI

    TEHRAN – According to the Central Bank of Iran (CBI)’s latest data, Iran’s revenues from crude oil and oil products exports in the Iranian calendar year of 1396 (March 2017 - March 2018) stood at $65.818 billion.

  • budget resources 2019-02-24 09:17

    Oil revenues share of budget resources grows in 9 months

    TEHRAN- According to the latest report of the economic department of Iran’s finance ministry, the share of oil revenues in supplying the required budget in the first nine months of the current Iranian calendar year (March 21- December 21, 2018) has increased, IRIB reported on Saturday.

  • exports 2019-01-23 21:12

    By: Haniyeh Sadat Jafariyeh

    Will phoenix rise from the ashes?

    Iran has experienced an unprecedented devaluation of its currency, rial, during the current Iranian calendar year 1397, which is going to end on March 20, 2019.

  • oil revenues 2019-01-22 21:21

    By: Ebrahim Fallahi

    Will Iran’s oil revenues satisfy next year’s budget expectations?

    Despite enjoying a great variety of income sources besides oil, Iran is undeniably dependent on oil revenues for managing its financial affairs. According to economists, near 70 percent of the Iranian government’s total income comes from selling oil and oil products.

  • Budget bill 2018-12-23 21:23

    Budget bill sees $5.71b less oil revenues

    TEHRAN- The predicted income from sales of crude oil and oil byproducts in the upcoming Iranian year 1398 (starting March 21, 2019) has decreased about 240 trillion rials (about $5.71 billion) in the modified budget bill, from its previous 1.73 quadrillion rials (about $41.1 billion) to 149 quadrillion rials (about $35.4 billion), Tasnim news agency reported on Sunday.

  • Budget Bill 1398 2018-12-13 09:41

    By Haniyeh Sadat Jafariyeh

    1398 budget bill, (non)-oil revenues?

    The budget bill for the next Iranian calendar year 1398 (starting on March 21, 2019) was presented to the parliament on December 6 while Iran’s economy, previously expected to boom, is experiencing the toughest conditions under the draconian U.S. sanctions. The upcoming year is supposedly an economic predicament for Iranians to endure and for the government to program and handle.