Govt. can run country with oil revenues below $40b: spokesman
Iran’s Government Spokesman Mohammad Baqer Nobakht says the administration can run the country with oil revenues below $40 billion in the next Iranian calendar year (March 2015-March 2016)./ He said this goal can be achieved within the framework of the resistance economy, the Mehr News Agency reported on Saturday./ Although Iran was run with the oil revenues of $55-60 billion in the recent years, global drop in the oil prices has shocked the country’s economy, the official mentioned./ “Oil plays a determining role in Iran’s incomes; ...
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