Iran Chamber of Commerce to propose package on details of 7th Development Plan

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) is scheduled to propose a package on the details of the country’s seventh Development Plan.

10 January 2023
ID : 44377
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Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) is scheduled to propose a package on the details of the country’s seventh Development Plan.

The headquarters of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) in Tehran. Photo: IRAN CHAMBER NEWSROOM

Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) is scheduled to propose a package on the details of the country’s seventh Development Plan.

Specialized commissions of Iran Chamber of Commerce are expected to offer their proposals on different areas about the details of the five-year Development Plan to the ICCIMA Research Center so as to make a finalized summary and sent it to the government.   

Farzaneh Samadian, an expert with the ICCIMA Research Center, says that this center has been focused on the 7th Development Plan since two years ago, preparing and publishing different expert reports in this regard.

Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei issued a series of directives in mid-September, 2022 that outlined the key principles of the country’s five-year Development Plan.

In his decree, 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.

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