VOL. XXXVII
NO. 17
24-JANUARY-1994
Financial and Banking News
Budgets & Revenues
Iran's Draft Five Year Plan Sees $64bn In Oil Revenues
The draft version of Iranian's forthcoming five-year plan, which will beginin March, projects total oil revenues of $64bn, based on prices of $14/B in thefirst years of the plan, rising to $16/B in later years, according to Oil Minister Gholamreza Aghazadeh. Mr. Aghazadeh gave noprojections for crudeexports. The $64bn target does not seem unduly optimistic. In...
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