Iran’s budget for the next fiscal year, which will end in March 2017, is based on the forecast of the average oil price of $35.00-40.00 per barrel, Shana agency quoted Adel Azar, Director of the Iran’s Statistical Centre, as saying on Sunday.
He said the Iranian government plans to extract at least 2.5 million barrels of oil a day.
The fiscal years in Iran begins on March 21, 2015.
