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FinancialNews


  • 16-11-20

    Iran to reduce reliance on oil by 2021

    (MENAFN) The key objective of the national budget bill for the next Iranian calendar year 1400 (beginning on March 21, 2021), Iran's President Hassan said, is to relocate the government and reduce direct reliance on oil revenues.

    Shana news agency quoted Rouhani as addressing a meeting of the Headquarters of the Resistance Economy on Sunday, that the budget bill for the next year will be drawn up within the context of the general program to reform the budget structure and general policies of the resistance economy.

    The president further included that "The main goal of the 1400 budget is to reduce costs, increase revenues, downsize the government, develop e-government, cut the direct budget dependence on oil, pick up and surge in production and the implementation of the general policies of the resistance economy. "

    According to him, "The 1400 budget bill is formulated in the framework of the general plan to reform the budget structure, general policies of the resistance economy, with long-term growth approaches by focusing on non-oil exports, actively countering the outbreak of coronavirus and reducing its negative economic effects, accelerate the completion of production assets acquisition plans, improving the business environment, paying attention to people's livelihoods with the priority of basic goods and developing a model of public-private partnership. "

    MENAFN16112020000045011136ID1101132634

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