New Iranian budget reforms are aimed at eliminating the country’s dependence on oil revenues, head of the country’s Plan and Budget Organization, Mohammad Bagher Nobakht, said on Sunday.
“Given the difficult times of sanctions, we will be losing a considerable amount of budget resources; therefore, it is necessary to make sure that the reforms in the budget structure for the next year will be able to cut down direct dependency on oil revenues to zero”, Nobakht said, as quoted by the Mehr news agency.