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Iran Press TV

Leader sets out guidelines for Iran's 7th development plan

Iran Press TV

Monday, 12 September 2022 6:45 PM

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has issued a series of directives that outline the key principles of a five-year plan for economic, social and cultural development in Iran.

In a decree issued on Monday, Ayatollah Khamenei ordered heads of the three branches of the Iranian government to consider the guidelines in the compilation of the seventh development plan that is expected to be rolled out next year or in early 2024.

Among the directives was a requirement for Iran to reach an average economic growth rate of 8% over the five years of the plan's implementation.

The Iranian administrative governments will need to rely on taxation revenues to finance their day-to-day routines, the guidelines indicated.

Regarding energy management, the directives issued by the Leader will require Iran to reform its water management systems to increase water efficiency in the country's agriculture sector and to improve drainage and aquifer management methods.

The guidelines showed that Iran should seek to reach the maximum production in oil and gas fields shared with the neighbors while trying to boost recovery rates from its domestic fields.

The Leader ordered the Iranian government branches to continue encouraging families to have more children so that the country can meet a fertility rate of 2.5 at the end of the five-year development plan.

Iran's foreign policy should prioritize economic progress and closer ties with the neighbors, said one of the guidelines.

Iran had been supposed to start implementing its seventh development plan at the start of the current calendar year in late March.

However, the country was forced to delay the plan at least for one year as it was recovering from the economic hardships caused by foreign sanctions and the spread of the coronavirus.

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