Middle East Economic Survey
VOL. XLIX
No 8
20-February-2006
IRAN
Iranian Parliament Lowers Oil Price Assumption To $34.5/B In New Budget
Amid concerns among a number of deputies in the Iranian parliament about high dependence on oil revenue and rising inflationary pressures in next years budget which starts on 21 March, the parliamentary Joint Commission decided on 12 February to lower the oil price assumption in the draft budget to $34.5/B from the earlier estimate of $40/B when the budget was...
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