Author Topic: Jahangiri says drastic economic reforms planned for new year  (Read 174 times)

Offline MikeH

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Jahangiri says drastic economic reforms planned for new year

Kerman, March 22, IRNA – The First Vice-President Eshaq Jahangiri said on Tuesday that structural economic reforms will be launched nationwide in the new Iranian year of 1395 (March 20, 2016-March 21, 2017).

'We will forge single parity rate system in the country this year. This year we will try to restore economic vibrancy and remove impediments on the way of production. The capital market will be the main channel of securing financial resources for mega projects. Significant foreign investment sources will be attracted in the new year and the visit of commercial delegations to the country means the world considers Iran as focal point of development,' said Jahangiri in an address to the joint meeting of the Resistance Economy Headquarters and the Planning Council in the Governor General's office in Kerman Province.

He said special attention will be paid to checking the inflation rate, economic vibrancy, employment, attraction of foreign capital, single parity rate system and active contribution of the private sector to investment.

He noted that national economy should be immune to foreign shocks, i.e. economic events worldwide.
He referred to designation of the new year by the Supreme Leader of Islamic Revolution Ayatollah Seyed Ali Khamenei as the year of `Resistance Economy, Action and Implementation' and said performance of various organs in line with economic performance will be verified in the new year.

He concluded that the director acting well in line with the goal will be awarded while the one with poor performance will be dismissed.