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If the oil price rises to 121 dollars, Iran will not face a budget deficit

2024.04.29, 13:02
If the oil price rises to 121 dollars, Iran will not face a budget deficit

According to the next International Monetary Fund report, if the price of one barrel of oil on the global market rises to $121, Iran will not face a budget deficit in 2024.

Gunaz.tv

The fund released its report on April 28 under the title "Economic Outlook in the Region, Middle East, and Central Asia."

According to calculations by Iranian experts, if the price of oil rises to $121, Iran will not have a budget deficit this year.

However, according to an International Monetary Fund report, Brent oil, which is more expensive than Iranian oil, is purchased on the global market for less than $90.

The fund also predicted that the price of Brent oil would fall below $79 this year.

According to experts, Iran's reduction of oil sales to China by $13 per barrel makes it even more difficult for Tehran to close the budget gap.

 

 

GunazTV

 

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