Wednesday 26 June 2019
News ID: 66964
Publish Date: 14 June 2019 - 21:58
MASHAD (Dispatches) - Iranian Vice President and Head of the country's Plan and Budget Organizations Mohammad Baqer Nobakht said that the country’s dependence on oil has dropped by two thirds of the budget.
Speaking with reporters in a meeting of the Planning and Development Council of Khorasan Razavi on Thursday evening, Nobakht said, "Sources that have been predicted from oil sales in the budget were about 148 billion tomans, but to withdraw the budget from oil price fluctuations, we have reduced the dependence of this year's budget on oil by about 55 billion tomans.
The official stressed the continuing decline in oil dependence in the country's budget for the years to come, and said, "Reforming the budget structure in terms of creating sustainable revenues instead of oil, saving existing costs, stabilizing the economy and strengthening the institutional position of budget and the links of budget with other department are being pursued.
*******Iranian Vice President and Head of the country's Plan and Budget Organizations Mohammad Baqer Nobakht




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