IRAN

1984-85 Oil Revenues May Fall 25% Short of Budget Estimate 

According to Hojjatolislam Gholam-Hossein Naadi, a member of the Plan and Budget Committee of the Iranian Majlis (parliament), Iran's revenues from oil exports in 1984-85 (21 March 1984-20 March 1985) could be some 25% below budget estimates. Hojjatolislam Naadi said in a newspaper interview on 5 February that this year's oil income could total 1,400bn riyals ($14.8bn at current exchange rates), rather than the...