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Sanctions to help Iran cut dependence on oil revenues

Service : Politic
Tehran, March 7 (ICANA) –Senior Iranian lawmaker Hassan Aboutorabi-Fard underlined the positive outcomes of sanctions and pressures on Iranian economy and oil sector, saying that pressures and embargos pave the way for Iran to end its dependence on oil revenues.
Wednesday, March 07, 2012 10:43:36 PM
Sanctions to help Iran cut dependence on oil revenues

"The sanctions imposed on us have created an opportunity to prepare the ground for cutting the connection between the (country's) budget and oil (revenues)," Aboutorabi-Fard said at an economic conference here in Tehran on Wednesday.

He stressed that Iran should take proper measures to gradually reduce reliance oil revenues and the cut it completely in the next year budget given the growing threats posed by the West.

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