In a fast-paced and ever-changing world, no country can achieve economic development without careful planning and thinking forward. Iran has a long record in economic planning: Blueprints known as “five-year plans” that define the country’s medium-term goals.
At the end of every five-year development plan, Iran’s Parliament, otherwise known as the Majlis, studies its successes and failures. The outcome of the study is used to prevent a repeat of the past mistakes and in the allocation of funds to achieve the objectives of the new five-year plan. The representatives in the Majlis have done just that this time around as well.
A majority of experts in this country maintain that the uncertainty imposed on Iran’s economy acted as the biggest impediment preventing the fourth and fifth development plans from reaching their goals. The unprecedented sanctions against Iran that in turn pushed down the predicted national income consigned some of the fifth plan’s goals into oblivion.
Iran is now getting ready to plan and implement the 6th five-year development plan. Please watch this program to learn more.