Budget

  • PBO chief: Iran oil revenues up 42% since spring

    PBO chief: Iran oil revenues up 42% since spring

    SHANA (Tehran) – Iran’s Plan and Budget Organization (PBO) head on Tuesday said the country’s oil revenues have increased 42 percent since the beginning of the current calendar Iranian year (March 21, 2023).

  • 40% of Oil Export Revenue, Share of NDFI

    40% of Oil Export Revenue, Share of NDFI

    TEHRAN (Shana) -- The members of the Islamic Consultative Assembly agreed to determine a 40% share for the National Development Fund of Iran (NDFI) in the revenues reaped from the export of crude oil and gas condensate in the budget bill of the calendar year of 1401 which begins on March 21.

  • Iran Eyes $50/b Oil Price Next Year

    Iran Eyes $50/b Oil Price Next Year

    TEHRAN (Shana) -- Head of Iran’s Planning and Budget Organization (PBO) said the oil revenues in budget bill for the next Iranian calendar year (starts on March 20, 2020) are estimated on the expectations of selling one million barrels per day (bpd) of oil at an average price of $50.