Owji says forex earnings will increase in year of ‘Surge in Production Through People’s Participation’

SHANA (Tehran) – Iran’s Oil Minister Javad Owji, in an X post, wrote on Tuesday his country’s foreign exchange revenues will hopefully increase in 1403 (starting March 20, 2024), the solar year designated by the Leader as the year of “Surge in Production Through People’s Participation”.

“I thank the Almighty God that the oil and gas sector spent the year of 1402 with a significant economic growth, and above all, a rise in exports and a considerable increase in collection of hard currency revenues,” the post reads.

“We will, God willing, boost foreign exchange income in the year of ‘Surge in Production’.”

News ID 639750

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