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Iran to reap $43bn in oil revenue
- Iran: Monday, August 15 - 2005 at 09:46
An Iranian official has projected $43bn in revenues from oil export in the 2005-06 fiscal year, the largest since Iran began exporting oil 98 years ago. Tehran has collected $16.3bn since 21 March, which is more than the country's foreign exchange needs, and is likely to lead to a large budget surplus.
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James McInerney, News EditorMonday, August 15 - 2005 at 09:46 UAE local time (GMT+4)
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