VOL. XXXII

NO. 4

31-OCTOBER-1988

Financial and Banking News

BUDGETS AND REVENUES

Iranian Non-Oil Exports Fall

Iran's non-oil exports have dropped sharply during the first five months ofthe current (1367) fiscal year, according to figures recently released by thecustoms authority. For the five-month period up to August 21, Iran earned only$311mn from its non-oil exports, compared with $398mn during the equivalentperiod last year and $1,170mn during the whole of last year (i.e. March1987-March 1988)....