EghtesadOnline: The share of oil revenues in the government’s general revenues reduced from 46% six years ago (March 2012-13) to 34% last year (March 2016-17), Minister of Economic Affairs and Finance Masoud Karbasian said.

EghtesadOnline: The Oil Ministry faces no obstacles in getting paid for selling crude oil to foreign buyers, says Amirhossein Zamaninia, deputy oil minister for international affairs.

EghtesadOnline: The taxation policy of the Ministry of Economic Affairs and Finance has proven to be effective in reducing the dependency of Iran’s budget on oil revenues from 70% during the previous administration to less than 30%, Dolat.ir reported.

EghtesadOnline: The government earned 150% more from tax than from oil in the last fiscal year (March 2016-17), the chairman of Iranian National Tax Administration said.

EghtesadOnline: The latest data released by the Central Bank of Iran show that as oil revenues jumped in the first quarter of the current fiscal year (March 21-June 21), higher spending and lower tax revenues have widened the budget deficit.

EghtesadOnline: The economy minister in his latest press conference elaborated on the country’s oil income and banking system partly in response to the claims of candidates running for president in the May 19 elections.

EghtesadOnline: The National Iranian Oil Company exports 2.5 million barrels of crude oil and gas condensates per day to customers from Asia to Europe and the Central Bank of Iran receives the full sale revenues in different currencies, CBI said in a statement.