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Opec decision to cut production helps boost Iran's budget
Published Sun, Dec 4, 2016 · 09:50 PM
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Tehran
IRAN'S President Hassan Rouhani presented his budget on Sunday, with Opec's decision to cut production helping to boost its expected oil revenues.
Mr Rouhani's 2017-2018 budget is based on oil prices of US$50 per barrel, up from US$40 last year, with a focus on unemployment, water resources, railways and the environment.
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