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Iranian Vice President: Iran's dependence on oil revenues drops

Iran Materials 14 May 2019 18:31 (UTC +04:00)

Baku, Azerbaijan, May 14

By Elnur Baghishov – Trend:

Iran's dependency on oil revenues has dropped to 30 percent, said Eshaq Jahangiri, Vice President of Iran, Trend reports referring to Fars News Agency.

According to Jahangiri, as a result of efforts undertaken over the past few years, budget dependence on oil revenues has dropped from 80-90 percent to 30 percent.

Jahangiri added that if governmental organizations manage their expenditures properly, more resources will be available within the budget for the country's development.

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