"Implementation of the nationwide tax program will end the administration's dependence on oil revenues," he said on Tuesday.
He said the price war is more demanding than the imposed war and the "administration, despite the sanctions, has been able to control the inflation and gain a positive economic growth for the country last year."
"The inflation rate was lowering in Iran but oil price of below $30 per barrel is an indication of an all-out war which requires the use of all the country's capacities to confront it," he added.
He said Iran's oil revenue stood at USD 120bn in 2011 which is expected to drop to below USD 20bn by the end of the current Iranian calendar year to March 20.
Iran’s oil exports fell to an average 1.4 million barrels a day last year from 2.6 million in 2011 due to the sanctions on the country, U.S. Energy Information Administration data show. U.S. sanctions on Iran limit it to selling about 1 million barrels of crude a day to China, India, Japan, South Korea, Turkey and Taiwan, with additional purchases of condensate, a light oil liquid found in gas deposits, also allowed.
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