VOL. XXXVII
NO. 20
14-FEBRUARY-1994
Iran
Parliament's Rejection Of Domestic Oil Price Hikes Will Hit ProjectSpending
The recent refusal of Iran's Majlis (parliament) to grant a request from thegovernment - strongly backed by the Oil Ministry - to raise the price Iranianspay for oil products, water, electricity, telephone and postal charges in theupcoming 1373 new year (the year to March 20, 1995), is likely to come as a blowto some Oil Ministry projects, for which IR700 bn (around $400mn at the...
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