Middle East Economic Survey

VOL. XLVIII

No 30

25-July-2005

Iran

Irans Oil Revenue Projected To Rise To $36Bn In 2005-06

Irans oil revenue in the current fiscal year to March 2006 is expected to reach $36bn, the Vice-Governor of the Central Bank of Iran (CBI) Mohammad Mojarrad told the Financial Times of 21 July. (Iran has projected a conservative oil revenue of $14bn under the current budget.) Mr Mojarrad said that he expects that $11bn would be added to the Oil Stabilization Fund (OSF) during the...