Economy

“Iran’s 7-month export revenues equal total of last year’

The vice chairman of the Iranian Parliament’s Planning and Budget Commission has said Iran’s foreign exchange revenues for the last 7 months have been equal to the total of the last year.

Seyyed Mohammad Reza Mir Tajeddini was speaking at Tuesday’s meeting of the Planning and Budget Commission.

He said the revenues involve earnings from sales of oil and gas condensates as well as non-oil exports.

Mir Tajeddini described the rise in revenues as a positive sign. He also attributed the increase in revenues to the accuracy and intelligence of decision-making and executive sectors.

Mir Tajeddini said despite the persistence of the oppressive and illegal US sanctions, those sectors have made it possible to claim revenues from oil and non-oil exports.

Participants in the meeting also explored ways of stabilizing the foreign exchange market and discussed new financing techniques in the capital market and financing in Iran’s construction and infrastructure sectors next year.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Senior advisor to Iran FM: No immediate plans to adjust military advisors in Syria

Ali Asghar Khaji, a Senior Advisor to Iran’s Foreign Minister, stated in an interview with…

15 hours ago

Biden, Xi to discuss China’s support for Russia at APEC summit

US President Joe Biden will meet with Chinese President Xi Jinping on the sidelines of…

16 hours ago

Rights group accuses Israel of crimes against humanity over forced displacement of Gazans

Israel is using evacuation orders to pursue the “deliberate and massive forced displacement” of Palestinian…

16 hours ago

Iran to give ‘immediate response’ to any anti-Tehran resolution by IAEA: Nuclear chief

Mohammad Eslami, the head of the Atomic Energy Organization of Iran (AEOI), has warned of…

16 hours ago

Trump seeking to bring Ukraine, Russia to negotiating table: US National security advisor nominee

Donald Trump wants to bring Moscow and Kyiv to the negotiating table to end the…

17 hours ago

Army commander: Iran to deliver crushing response to Israel

The Commander-in-Chief of the Iranian Army, Major General Seyyed Abdolrahim Mousavi, has vowed a decisive…

17 hours ago