IRAN

 

Iran Budgets For $100/B

 

Iran’s draft budget for the Iranian year 1393, starting on 21 March 2014, will be based on an oil price assumption of $100/B, a member of the Majlis Budget and Planning Commission Hadi Qavami told the Iranian Students News Agency (ISNA) on 1 December. This price compares with $95/B for the 2012-13 budget (MEES, 1 March). The government was scheduled to present the new budget to parliament on 4 December, but this has now been postponed for...