Domestic Economy

Economist Censures Gov't Management of Public Wealth

Economist Censures Gov't Management of Public WealthEconomist Censures Gov't Management of Public Wealth

The departure of former health minister, Hassan Qazizadeh Hashemi, from President Hassan Rouhani’s administration adds to the questions swirling over government’s finances and payments. 
Hashemi’s resignation last week was apparently in protest over spending cuts in the Health Ministry's budget for the next fiscal (March 2019-20).
Why do government agencies and institutions often struggle with a shortage of resources to carry out their work and fail to improve the infrastructures despite country’s rich natural resources and government’s dominant presence in key economic sectors? What should be the top priority for the government when it comes to allocation of public resources? 
These questions were propounded by Iranian economist Hamid Azarmand in an editorial for Financial Tribune’s sister publication Donya-e-Eqtesad. 


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment