IP- Iran's 13th administration is prioritizing the use of oil revenues for investment in various sectors rather than meeting executive expenses, according to the government spokesman.

Iran PressIran news:  During a meeting with university lecturers and elites in South Khorasan Province, eastern Iran, on Saturday night, Ali Bahadori Jahromi stated that the government has made significant investments in refineries, economic drivers of the oil sector, electricity generation capacity development plans, and transit system projects.

Jahromi also highlighted the construction and inauguration of refineries, stating that these investments have contributed to an increase in average economic growth to over 4.5 percent over the past two years from nearly zero after a decade.

The government has focused on both infrastructure and investment, which is expected to gradually have positive effects on economic growth.


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