Economy, Domestic Economy

Research Budget to Grow

Research Budget to GrowResearch Budget to Grow

The country’s research budget is to dramatically increase by 2025. Based on general policies outlined by the Leader on science and technology, the current 2.3 trillion rials ($864 million) research budget should increase by up to 4% of the GDP. The new policies emphasize optimal use of resources and improvement of productivity. Based on the 20-Year Vision Plan of the Islamic Republic of Iran, the country should stand first in the region in terms of science and technology by 2025.