SHAFAQNA (Shia International News Association)- President Hassan Rouhani is in the Iranian parliament (Majlis) to outline the characteristics of his proposed budget bill for the next Iranian year (to start March 21, 2015).
Among the most important approaches adopted in the budget bill for the next year (1394) are:
Implementation of the Economy of Resistance policies, detente in foreign policy, management of public sector’s debts, continued execution of the targeted subsidies plan, reduction of inflation rate and improving people’s purchasing power and social welfare.
President noted that increase in non-oil exports has been a major objective of the cabinet, adding that increasing the share of non-oil exports in the country’s economy is among his major targets for the next year.
President Rouhani noted that the non-oil exports in the past eight months amounted to dlrs 31.5 billion showing a 19.7 percent growth compared to the corresponding period last year.
He hoped the figure would grow to dlrs 50 billion by the end of the current Iranian year (March 20, 2015).
President Hassan Rouhani outlined the economic achievements of his government in improving economic situation of the country during the past Iranian calendar year (ended March 20, 2014).
Referring to his government’s success in controlling the inflation rate, he said he is determined to safeguard this big achievement.
The President further pointed to ending recession as another success of his government in the past Iranian year.
He said he anticipated the inflation rate to come down under 20 percent in a few months.
Pointing to the numerous economic problems his government had to tackle since he came to power in 2011, he said many of the obstacles have been removed, thanks to the wise initiatives.
He noted that the greater importance has been attached to the health and medical treatment sector in the bill.
He praised the positive approach of the Iranian people towards the country’s policies and strategies and said the public opinion should not be neglected at any account.