Gov’t Unveils 7th Development Plan

The government has unveiled the Seventh Five-Year Development Plan, a roadmap enumerating economic goals and targets for the next five years (March 2023-28). 
Among the main targets set in the new FYDP are 8% GDP growth by the end of the plan, 3.9% rise in annual employment (creating 1 million jobs per year), an average annual inflation rate of 19.7% during the five years (9.5% by the end of the plan period), a 12.4% rise in oil exports and a 22.6% jump in non-oil exports.
The Seventh Plan was long overdue, as it is usually released before the start of the five-year plan.
“Food security is a centerpiece of the 7th FYDP, throughout which self-sufficiency in [production of] part of demand for essential goods will be materialized,” Davoud Manzour, the new head of Plan and Budget Organization, was quoted as saying by Mehr News Agency.