iranintl – With an approaching run-off election to fill the final 32 parliamentary seats, and …
Read More »Iran Sells More Oil But Revenue Falls Short
iranintl – Despite a recent surge in oil exports, Iran is grappling with a large budget deficit partly due to inadequate oil income, raising questions about its real earnings. Davoud Manzour, the head of Planning and Budget Organization (PBO), revealed on October 22 that the 7-month budget has only been realized by 70%, largely due to the unrealistic oil income estimates. …
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