Earning the targeted income depends on the foreign currency rates and importation conditions, he told the Fars News Agency.
Iran will significantly decrease the dependency to oil revenues in the next year’s budget act, the Shana News Agency quoted Behrouz Moradi, the vice president for planning and strategic affairs as saying on November 7.
According to the law, 37.5 percent of oil revenues go to the development of oil and gas fields and is deposited into the National Development Fund and 62.5 percent is spent as the current budget, he said.
Iran's state budget for the next calendar year approved by the parliament is 5.66 quadrillion rials (about $ 461 billion), or 9.5 percent more than last year (5.17 quadrillion rials).
The budget has been made up on the basis of a fixed exchange rate of the Iranian national currency compared to the U.S. dollar, which now hits 12,260 rials to $1.
MNA
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