Gov’t Set to Quicken Economic Recovery

Gov’t Set to Quicken Economic RecoveryGov’t Set to Quicken Economic Recovery

President Hassan Rouhani said his government is determined to more actively pursue its policies, which have been aligned with the principles of Resistance Economy outlined by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei.

"The government intends to continue its plans and measures at a faster and stronger pace on the path toward the implementation of Resistance Economy policies," Rouhani was quoted as saying by IRNA.

He was addressing the first meeting of the Supreme Cultural Revolution Council in the new Iranian year (started March 20) in Tehran on Tuesday. In a message issued on the first day of the new year, the Leader named it after "Resistance Economy: Action and Implementation."

The Resistance Economy is a set of principles aimed at bolstering domestic production and cutting dependence on oil revenues.

Referring to Resistance Economy as the remedy for economic problems, Rouhani said, "Armed with Resistance Economy, one can combat unemployment and stagnation, restrain inflation, resist against the enemies' threats and create myriads of opportunities for the country and benefit from them."

Noting that "the knowledge-based economy figures prominently in Resistance Economy", the president hoped that a welcoming climate for entrepreneurs and investors could be created in the economic sector.

"The achievement of stable economic growth depends on the elimination of rent-seeking and monopoly, and the creation of data transparency and healthy and fair competition," he said.