Govt. begins preparing 7th National Development Plan
Following the announcement of the general policies of the Seventh Five-year National Development Plan (2022-2026) by the Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei, President Ebrahim Raisi has tasked the Planning and Budget Organization (PBO) to officially start the compilation of the plan, IRIB reported on Wednesday.
According to Babak Afghahi, the acting head of PBO’s Parliamentary Affairs Department, the organization has already started the process and since the previous year numerous meetings have been held for the preparation of the country’s Seventh Five-year National Development Plan.
Earlier this week, Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei outlined the general policies of the seventh development plan.
The mentioned policies were mainly focused on economic development and the promotion of justice as the major priorities.
The Leader set an average economic growth of eight percent as the goal for the duration of the mentioned plan, emphasizing the increase in the efficiency of all production factors including human resources, capital, technology, and management.
Establishing stability in the prices of consumer data-x-items and forex rates, reaching a single-digit inflation rate, as well as directing liquidity and bank credits towards productive sectors are also among the major policies set by the plan.
Reforming the structure of the government budget was also among the major policies stressed in the Seventh National Development Plan.
Transforming the country’s tax system with the approach of turning taxes into the main source of government revenues is also another major policy set by the plan.
Establishing a comprehensive social security system that encompasses relief, support, and insurance at the basic, surplus, and supplementary levels to provide fair services was the final economic policy that the executive bodies are obliged to follow in the said five years.
Source: Tehran Times
Top News
Six last month
MinRes halts Bald Hill mine amid lithium price rout
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Swapping aluminum for copper will maintain China’s resources, group says
Gold loses some luster after Trump’s decisive win
Hedge funds slash bullish wagers on gold over Trump election win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Families gather at South African mine shaft where hundreds are feared stuck underground
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Newmont sells Ontario gold mine to Orla for $850 million
BHP warns Australian mining not ready for low-cost competitors
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
BHP warns Australian mining not ready for low-cost competitors
Resolute Mining says it will pay Mali $160 million in tax dispute
Trump chooses oil fracking boss as energy secretary
Gold loses some luster after Trump’s decisive win
