Tehran (IP) - The economic spokesperson of the Iranian government announced a 580% increase in the income from the export of oil and in gas condensate in the 4 months after March 21, compared to the same period last year.

Iran PressIran News: Ehsan Khandouzi, Minister of Economy and the government's economic spokesperson, said in his press conference on Tuesday, July 26, 2022, that the government's performance in the first 4 months of the Persian calendar shows that the government has been successful in reducing the budget deficit to a good extent.

Khandouzi said: "Compared to the first 4 months of the previous year, this year we saw a 48% growth in budget revenue sources."

Emphasizing that the government's focus is on getting more sustainable resources and decreasing the growth of expenses, he stated: "The government's agenda in the first 4 months of 1401 Iranian year was to reduce the budget deficit and as well as reducing inflationary pressure and countering the budget deficit."

Iranian, Russian banks cooperate well


Referring to the use of the ruble (Russia’s currency) in the commercial relations between Iran and Russia’s banks, Iran's economic minister said: "We hope to hear more good news next year."

The Leader of the Islamic Revolution, Ayatollah Seyyed Ali Khamenei, in his recent meeting with the President of Russia, Vladimir Putin, emphasized the removal of the dollar from the center of global exchange.

Ehsan Khandouzi, in response to the Iran Press on the taken actions by the economic ministry in line with the Leader's order, said: "The first step has been taken with Russia and ruble has entered into the trade portal of Iran and Russia."

Khandouzi added: "Iran’s Central Bank is in charge of following this issue and good plans have been started in this regard."

He also pointed to the recent visit of the presidents of Turkey and Russia to Iran and said: "These trips brought good economic achievements and, as a result, eight cooperation documents were signed with Turkey."


Read More:

Iran can double oil exports from Khark island: Official

$ 7 billion investment in Azadegan oil field

Global energy market needs Iran's oil: Minister