Iranian government, PBO aim to put aside oil-based economy: Gov\\\'t spox.

Tehran (IP) - Head of Iran’s Planning and Budget Organization (PBO) has said that the government and the Plan and Budget Organization are trying to put aside the oil-based economy.

Iran PressIran News: Mohammad Baqer Nobakht attending the open session of Iran's parliament and said: "In the budget reform program, we have tried to design a non-oil-dependent economy, provided that we have alternative resources."

PBO head referred to the export of oil and gas condensate, explaining: "The exports of the country was $1.9 billion at the beginning of the 90s, which increased to $8.9 billion last year."

"The country's oil-dependent economy growth has raised from minus 10 to 1.8, and this declining trend continues," he added.

Mohammad Baqer Nobakht also pointed to the report of the Statistical Centre of Iran, saying: "With two to three programs, we have targeted employment, resulting in a 1.4 percent drop in the unemployment rate."

Referring to inflation, Nobakht said that the country experienced one-digit inflation, but the pressure of rising exchange rates due to sanctions brought it to 51 percent last year, which has now dropped to 21 percent.

The government spokesman also pointed to the 24-point general policies of Iran's Resistance Economy expressed by the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, who stated that these 24 policies have led to 300 projects.

"Efforts have been made to fund the projects to contribute to economic growth," Mohammad Baqer Nobakht noted.

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