VOL. XLII
No. 12
22-March-1999
IRAN
Nourbakhsh Says Firmer Oil Prices Will Help Iran Realize ItsRevenue Target
The Governor of the Central Bank of Iran, Dr. MohsenNourbakhsh, told Radio Tehran last week that the increase in oil prices whichhas resulted from the Hague agreement, under which OPEC and non-OPEC oilproducers are to cut output by some 2mn b/d with effect from 1 April, willallow Iran to achieve its budget revenue target in the new year 1378, startingon 21 March. The rise in oil prices...
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