Around the World: Iran

Budget less oil-reliant

Iranian President Mahmoud Ahmadinejad said yesterday the national budget for 2010/11 would lessen reliance on oil revenues, a move aimed at making the Islamic state less vulnerable to any Western sanctions.

Ahmadinejad, who faces opposition protests seven months after his re-election, also said Iran "will have good news over production of 20 percent enriched fuel in February".