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Nov 27-Dec 1, 2000 / Azar 7-11, 1379

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BUSINESS NEWS INDEX

Friday,
December 1, 2000

Iran plans more public spending

Financial Times, November 29 2000 -- President Mohammad Khatami of Iran, presenting his last budget before elections next year, on Wednesday defended his administration's economic record against harsh attacks by his conservative opponents. Iran's sluggish economy, weighed down by enormous subsidies on food and fuel and loss-making state enterprises, is widely regarded as Mr Khatami's weakest point by an electorate struggling to cope with high inflation and unemployment >>> FULL TEXT

INDEX

INDEX

* Iran plans more public spending
* Iran Wants Russia To Build Second Nuclear Reactor -Report
* First Iran-made airliner to fly in February
* Khatami presents last budget, vows economy is "running well"
* Iran expects record oil revenues thanks to higher prices
* Turkmenistan and Iran discuss Caspian Sea status
* Iran sets 20 dollar crude price for next budget

* Iranian conservatives see election gambit in government's monetary policy
* New proposal breathes fresh life into Indo-Iran gas pipeline

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Thursday
November 30, 2000

Iran Wants Russia To Build Second Nuclear Reactor -Report

November 30, MOSCOW (AP)--Iran has decided to ask Russia to build a second reactor at the nuclear power plant in Bushehr, offering a contract worth some $1 billion, a Russian newspaper reported Thursday. The business daily Vedomosti quoted Andrei Yedemsky, a spokesman for the Nuclear Power Ministry, as saying that the Iranian parliament had decided that the contract for the second reactor at the plant in southern Iran should be awarded to Russia >>> FULL TEXT

INDEX

Wednesday
November 29, 2000

First Iran-made airliner to fly in February

TEHRAN, Nov 29 (AFP) - The prototype of the first airliner to be built in Iran will fly on February 11 next year, anniversary of the 1979 Islamic revolution, Defence Minister Ali Shamkhani was quoted as saying Wednesday >>> FULL TEXT

INDEX

Khatami presents last budget, vows economy is "running well"

TEHRAN, Nov 29 (AFP) - Iranian President Mohammad Khatami on Wednesday presented the final budget of his four-year term amid strong conservative criticism over his handling of the economy as he readies for a possible re-election run next year. Khatami told parliament the record 135 trillion rial budget, worth 45 billion dollars at the official exchange rate, would pave the way to making the Iranian currency fully convertible on the international market >>> FULL TEXT

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Tuesday
November 28, 2000

Iran expects record oil revenues thanks to higher prices

TEHRAN, Nov 28 (AFP) - Iran expects to generate record revenues of 21.5 billion dollars from oil sales in the year to March 2001 thanks to higher prices, the governor of the central bank, Mohsen Nourbakhsh, said Tuesday. "We earned 15.6 billion dollars in oil sales between March 2000 and the end of October and, if the current trend in prices continues, our revenues will reach 21.5 billion dollars" at the end of the fiscal year, Nourbakhsh told a press conference >>> FULL TEXT

INDEX

Turkmenistan and Iran discuss Caspian Sea statu

Turkmen President Saparmurat Niyazov and Iran's Deputy Foreign Minister Ali Ahani have discussed proposals on the status of the disputed resource-rich Caspian Sea, official reports said Tuesday. Ahani, Iran's special representative on Caspian issues, and Niyazov "confirmed the closeness of the positions" of the two countries on the issue of resolving the status of the inland sea, the Neutraly Turkmenistan reported >>> FULL TEXT

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Monday
November 27, 2000

Iran sets 20 dollar crude price for next budget

TEHRAN, Nov 27 (AFP) - The government of reformist President Khatami is basing next year's budget on an oil price of 20 dollars per barrel, parliamentary officials said in Monday's press >>> FULL TEXT

INDEX

Iranian conservatives see election gambit in government's monetary policy

TEHRAN, Nov 26 (AFP) - Iranian conservatives, influential in traditional economic and trade circles, are accusing President Mohammad Khatami's government of flooding the market with dollars to manipulate next year's presidential election >>> FULL TEXT

INDEX

New proposal breathes fresh life into Indo-Iran gas pipeline

NEW DELHI, Nov 24 (AFP) - A long delayed gas pipeline between India and Iran may finally be near fruition after a suggestion from Tehran that an international consortium take over the project >>> FULL TEXT

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