Iran’s Supreme Leader Ayatollah Ali Khamenei has outlined general policies of the country’s sixth five-year development plan, it comprises general policies on economic, technological, social, security and defensive, foreign policy, legal, and cultural affairs.
The plan stipulates that the country’s economic growth should continue steadily with an average rate of 8% during the five-year period. It supports the establishment of non-government companies for exploration and development of mines, oil and gas fields, and attracting foreign investment.
The plan necessitates allocating at least 5% of the national budget to boosting the defense power.
It also emphasizes the need to upgrade the country’s deterrent power, to safeguard and boost Iran’s political achievements in Southwest Asia, and prioritizes economic diplomacy to promote foreign investment, Trend reports.
