Financial and Banking News
BUDGETS AND REVENUES
Iraq's Revenues Seen outstripping Iran's in 1987
According to a study recently released by the Washington DC-basedconsultants, The Petroleum Finance Company, Iraq's oil revenues in 1987 willreach $11,296mn, a 70.3% increase over the previous year, and some $2.1bn morethan Iran's projected oil revenues for 1987 of $9,210mn. This situation istherefore the reverse of that prevailing in 1985, when Iran's oil revenues were...