Publishe Date: 7:03 PM - 7/13/2015 | Print

Iran mulling post-sanctions era

Economy - Iran’s vice president for Strategic Planning and Supervision says the country’s new economic development plan will be formulated on the basis of post-sanction era.

“We need to hasten plans to take the most advantage of the post-sanction era,” Mohammad Baqer Nobakht was quoted as saying by the Iranian media on Monday.

Head of Management and Planning Organization of Iran said Iran’s 6th Economic Development Plan, which will take effect during the upcoming Iranian calendar year (starting on March 21st), will be based on post-sanction era to ensure a sustainable economic growth.

Nobakht also pointed to the government’s plan to secure an 8% economic growth and said reaching such a figure needs both domestic and foreign resources.

“we need to create opportunities to utilize the facilities of regional countries as well as other ultra-regional countries and we will try to utilize all existing tools in a realistic way,” said the Iranian official.

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