6th FYDP Sent to Expediency Council
Economy, Domestic Economy

6th FYDP Sent to Expediency Council

The Expediency Council received last week the draft of the Sixth Five-Year Economic Development Plan outlined by the Leader of the Islamic Revolution, Ayatollah Seyyed Ali Khamenei, government spokesperson, Mohammad Bagher Nobakht, said on Saturday.
“The resistance economy has been highlighted in the plan. It shows that productivity and economic growth as per the objectives of the 20-Year National Vision Plan (2005-2025) are of outmost significance” he was quoted by IRNA as saying.
The five-year economic development plans (FYDP) are medium-term roadmaps designed by the government to help achieve sustainable growth.
Iran has designed and implemented several economic development plans before and after the 1979 Islamic Revolution, with a focus on private and public sector interaction.
Both the fourth FYDP (2006-2011) and the fifth FYDP (2011-2016) emphasize a smaller government role in the economy, while boosting the privatization process.
“Economic growth is the outcome of investment and productivity,” Nobakht said, noting that “there are certain countries that seek to undermine foreign investment in Iran.”  


Short URL : http://goo.gl/MwFqPU

You can also read ...

iPhone 8 Arrives in Tehran
Apple’s new handsets iPhone 8 and 8 Plus arrived in Tehran on...
 President Hassan Rouhani (L) meets Russian President Vladimir Putin at 2015 BRICS summit in Russia.
The member states of BRICS, the association of five major...
BPI to Fund French Projects in Iran
Bpifrance, the country’s state investment bank, will finance...
Tomato Exports Earn $35m
Close to 136,500 tons of tomatoes worth more than 1.14...
Montreal Hosts Iran-Canada Business Confab
The first conference between Iranian and Canadian businessmen...
There Is High Cost to a Bad Reputation
Uber CEO Dara Khosrowshahi sent a sobering, self-reflective...
Steel Exporters Welcome Rial Depreciation
It’s a fairly straightforward scenario. Weakening a domestic...
HRC accounted for the lion’s share of finished steel usage in Iran during the five-month period.
Iran’s semi-finished steel exports during the first five...