TEHRAN June 10(Shana)--The spokesman for the Iranian government has said that the countrys revenue from selling oil has sharply fallen to $24 billion.
[Irans] $118-billion revenue from selling oil has fallen to $24 billion, Mohammad-Baqer Nobakht said.
He added that we should run the country with this amount of petrodollars while many half-complete projects have been abandoned.
The countrys petrodollars have declined, but we will run the country even with this revenue, he said.
Nobakht said Irans economic growth has reached 3%, adding that the economy had shrunk under the government of former president Mahmoud Ahmadinejad.
International sanctions, which were imposed on Irans oil sector in 2012, and a record fall in oil prices have eaten away at Irans oil revenues in recent years.