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Energy price reforms central to economic plan: Expert

Tehran, July 5, IRNA

Iran-Economic Plan-Energy
The most important pivot of the economic reforms plan is to amend the price of energy sources in the country, an economic expert told IRNA Saturday.


Expressing this, Jamshid Pajouyan added that based on a wrong decision, the price of energy has been kept stable for a decade.

During the period, economic experts have always warned about the issue so as to prevent huge losses incurred by country's economy.

Fortunately, the ninth government has reached the conclusion that previous strategy is no longer effective and therefore they offered a plan to lift subsidies on energy, which will surely benefit national economy.

However, he said, declaring a proper policy does not imply its success; rather the way of implementation is also significant.

Pajouyan also maintained that energy saving should also be considered in industries.

Referring to the implementation of Article 44 of Constitution, he also said that privatization should not be limited to distributing justice shares; rather management of economic entrepreneurs should be ceded to the private sector.

Labor and social security laws should also undergo amendments in tandem with fulfillment of Article 44, he noted.

"It's essential to create economic and social conditions for making energy subsidies target-oriented," he said.

Identifying low-income strata of the society will help determine welfare needs in the future, he said.

MR**1771

---> Iran-Economic Plan-Energy



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