Iranian acting banks are authorized to offer up to $3 billion of loans to the oil industry’s upstream sector, according to the country’s budget bill for the next calendar year (starts on March 19, 2020), IRNA reported.
News ID: 7867 Publish Date : 2019/12/09
The Iranian government approved on Saturday the amendments on the national Iranian budget plan for the current Iranian calendar year (started on March 21), ILNA reported.
News ID: 5186 Publish Date : 2019/07/15
The restructuring comes after the US reimposed economic sanctions on the country’s vital oil and banking sectors, reducing Tehran’s petrodollars.
News ID: 5173 Publish Date : 2019/07/14