No. 09

2 March 1998


Nourbakhsh Warns That Iranian Budget May Have To Be Revised Because Of Weak OilPrices

The Governor of the Central Bank of Iran, Dr. Mohsen Nourbakhsh, has warned that nextyear's budget, which starts on 21 March 1998 may have to be revised if current weak oilprices persist. In a news conference in Tehran on 23 February, Dr. Nourbakhsh said that acommittee, made up of officials from the Central Bank, the Ministry of Economic Affairsand Finance and the Plan and...