Iran experiences positive economic growth without oil: President
Tasnim – Iranian President Hassan Rouhani said the country has achieved a positive economic growth without reliance on petrodollars and despite being…
Tag Archives: Iran’s oil revenues
Rouhani says sanctions have cost Iran $200 billion in revenues
Radio Farda – Iran’s President Hassan Rouhani has said that Iran has lost $200 billion during the past two years as a…
Iran plans to wean budget off oil income by next year
Al-Monitor | Navid Kalhor: The Iranian government has decided to eliminate its budgetary reliance on oil sales for the fiscal year beginning…
Oil sales to account for %7 of Iran’s revenues next year
Press TV – Iran’s oil sale, once a staple of the country’s yearly budgets, would account for a tiny portion of government’s…
Iran Nat’l budget not to be reliant on oil revenues next year: Official
Tasnim – The head of Iran’s Plan and Budget Organization highlighted efforts to reduce the country’s reliance on oil revenues and said…
Iran to separate current budget from oil revenue: Gov’t spox
IRNA – The Iranian Government Spokesman Ali Rabiei said in his weekly press conference on Monday that Iran is trying to separate…
Only development projects to get oil revenues in Iran’s 2020-21 budget
Financial Tribune – Oil revenues are generated from selling the country’s capital assets and should be spent on augmenting capital assets, such…
Iran to cut budget dependency on oil revenues to zero: Nobakht
MNA – Head of the Plan and Budget Organization Mohammad-Bagher Nobakht said Sun. that the new reforms in the structure of the…
Iran’s budget steers clear of oil money
Financial Tribune – Iran’s 4,480-trillion-rial ($37.64 billion) budget for the current fiscal year (March 2019-20) is based on the sale of 300,000…
Iran: High time to end budget dependency on oil revenues
Financial Tribune – Delinking current expenditures from oil revenues must be given high priority, the head of Energy Commission of Iran Chamber…
Iran able to receive oil revenues despite sanctions: CBI chief
Tasnim – Governor of the Central Bank of Iran (CBI) Abdonnaser Hemmati highlighted the ineffectiveness of US attempts to cut the Islamic…
Reliance on oil revenues less than 30%: Veep
MNA – The Iranian first Vice-President Es’hagh Jahangiri announced on Tuesday that the country’s reliance on oil income has dropped below 30…
With or without sanctions, Iran needs to say goodbye to oil money
MNA – Saying goodbye to easily-gained oil revenues is a bitter pill that Iran should swallow. To do so, though very difficult…
Iran’s annual oil revenues exceed $65.8b: CBI
Tehran Times – According to the Central Bank of Iran (CBI)’s latest data, Iran’s revenues from crude oil and oil products exports…
MP calls INSTEX means for controlling Iran’s oil revenues
Tasnim – A member of the Iranian parliament’s presiding board warned that the European Union’s mechanism for trade with Iran known as…
Parliament discusses Iran oil outlook in 2040
MNA – The Iranian Parliament’s Research Center has held a session to discuss the Iran oil outlook in 2040. The Iranian Parliament’s…
Leader orders 20pc of oil export income to go to National Fund: Speaker
IRNA – Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has ordered 20 percent of oil exports’ revenues to go…
Iran’s oil revenues up by about 49%
IRNA – Despite sanctions by the US to zero Iran’s oil exports, statistics show that over the course of the first nine…
Transfer of oil revenues via INSTEX ‘off the table’: MP
MNA – Chairman of Parliament’s Economic Committee said Tue. that EU’s recently created trade mechanism for Iran (INSTEX) has excluded the transfer…
Will Iran’s oil revenues satisfy next year’s budget expectations?
MNA – Despite enjoying a great variety of income sources besides oil, Iran is undeniably dependent on oil revenues for managing its…
Is tourism able to replace oil as main source of revenues for Iran?
Financial Tribune – Iran has 157 four- and five-star hotels and by the end of President Hassan Rouhani’s second term in 2021,…
CBI governor: Oil forex revenues to be used for necessity goods import
MNA – Governor of the Central Bank of Iran said Sat. that the foreign currency generated from oil revenues will be allocated…
New Iran budget assumes $21 billion of oil income
Press TV – The state budget for the new Iranian year starting in March assumes $21 billion of oil revenues, down 28…
Iran budget under scrutiny as oil revenues fall
Bourse and Bazaar | Navid Kalhor: Next week, President Hassan Rouhani will submit a budget proposal for the forthcoming Persian year (covering…
First VP: Gov’t able to manage Iran without crude revenues
FNA – Iran’s First Vice-President Eshaq Jahangiri downplayed the effects of the US sanctions against Tehran, stressing that the government can administer…
CBI governor underlines Iran’s access to crude revenues
FNA – Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced on Wednesday that the country has found ways to…
Iran 5-month petchem export revenues up $0.9b Y/Y
SHANA — Iran’s petrochemical export revenues have risen by 900 million dollars in the first 5 months of the current Iranian calendar…
Gov’t revenues top $27b in 10 months
Financial Tribune- The government earned 1,032 trillion rials ($27.5 billion) during the first 10 months of the current Iranian year (March 20,…
Iran says reliance on oil reduced
Press TV- Iran’s President Hassan Rouhani says his administration has been able to reduce the country’s reliance on oil revenues over the…
Oil money easily transferred to Iran: Gov’t spokesman
Shana — Government Spokesperson Mohammad Baqer Nobakht says Iran’s oil income is being transferred to the country without any trouble, adding the…
US administration failed to enable Iran to access its oil revenues
One year has passed since Iran and the P5+1 group reached an agreement on Tehran’s nuclear program known as the Joint Comprehensive…
IMF predicts 4-4.5% rise in Iran’s GDP
TEHRAN (Tasnim) – A senior official with the International Monetary Fund (IMF) said Iran’s GDP is expected to witness a 4-4.5 percent…
Iran oil revenues rise up by 90%
Tehran, April 10, IRNA – Iran oil revenues in post-sanctions era has increased by 90 Percent and is expected to reach $21…
Iran reduces oil revenue dependency: Zarif
TEHRAN, March 14 (Shana) – Foreign Minister Mohammad-Javad Zarif said Iran has reduced its dependency on oil revenues from over 50 percent…
Iran sticking to plans to free budget from oil revenues: Minister
TEHRAN (Tasnim) – Iran’s Minister of Economic Affairs and Finance Ali Tayyebnia reiterated the need to minimize the share of petrodollars in…
Iran Gov’t set to free budget from oil revenues
TEHRAN, Jan. 18 (Shana) – First Vice President Eshaq Jahangiri said the government of President Hassan Rouhani is determined to set free…
Budget oil dependence at lowest
TEHRAN June 15(Shana)–The dependence of Iran’s annual budget on petrodollars has fallen to its lowest level this calendar year, President Hassan Rouhani…
Iran oil revenues cut to $24b
TEHRAN June 10(Shana)–The spokesman for the Iranian government has said that the country’s revenue from selling oil has sharply fallen to $24…
Tax, non-oil exports replacing oil revenues
TEHRAN May 13(Shana)–The administration is determined to downsize the government and replace oil revenues with non-oil exports and tax income, first vice…
Iran Leader: Sanctions reduced reliance on oil dollars
TEHRAN April 29(Shana)–The Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has said without the sanctions the country would have developed…