Middle East Economic Survey

VOL. XLVII

No 46

15-November-2004

IRAN

BUDGETS AND REVENUES

Irans Oil Revenue Projected To Reach $35Bn In 2004-05

Irans oil revenue in the fiscal year ending in March 2005 is expected to top $35bn if prices continue to rise, according to a member of the Iranian parliaments energy commission, Farshid Simbor. Basing his projections on Central Bank of Iran (CBI) figures, Mr Simbor said that the countrys oil revenue in 2004-05 will more than double from the original...