Iranian government has finalized the country’s 7th five-year Development Plan, according to Government Spokesman Ali Bahadori Jahromi.
Writing on his official Twitter account on Monday, Bahadori Jahromi said that the plan was approved by the government after it was discussed in 45 expert meetings and seven cabinet sessions.
Before finalizing the plan, the draft plan was published for the first ever time so that the experts and the think tanks could offer their views about it, the spokesman said.
Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) handed over a proposed package to the government on the country’s 7th five-year Development Plan earlier this month.
The ICCIMA has been studying the package for nearly two years.
Mohammad Qassemi, the director of the ICCIMA Research Center, said that seven working groups had been working on preparing the package.
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 this 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.