Fri Nov 27, 2020 11:37:03
فارسی | العربية | English

President in the meeting of Cabinet’s Economic Coordination Board:

Budget’s structural reform to be the basis of year 1400 budget bill/ Continuous reduction of oil dependence a key achievement of Economy of Resistance

The president described the continued decline in oil budget as major achievements of the policies of Economy of Resistance in the 11th and 12th governments.

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Sat 21 - November 2020 - 19:04

Speaking on Saturday evening in the meeting of the Cabinet’s Economic Coordination Board, Dr Hassan Rouhani referred to the detailed review of the budget bill in the morning and evening meetings of the government this week, and described the structural reform of the budget and attention to the main futuristic axes in the year 1400 budget as essential.

The President said that the continuous reduction of the budget reliance on oil during the term of office of the 11th and 12th governments as one of the great achievements of the Economy of Resistance and emphasised, "The increase of the country's oil revenues will be spent on providing facilities to strengthen the country's development infrastructure”.

Dr Rouhani mentioned the rapid completion of railway projects to take full advantage of Iran's geopolitical capacity, strengthening the country's electronic infrastructure to accelerate the knowledge-based economy, as well as the continuation of poverty alleviation projects as the focus of a forward-looking approach in the 1400 budget bill.

news id: 118260

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