Code: 82009916 (5241282) | Date: 22/03/2016 | Time: 16:48|
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President: Govt. bent on economic resistance policies

Tehran, March 22, IRNA – President Hassan Rouhani said on Tuesday that his government continues to follow the economic resistance policies.

Addressing the meeting of the High Free Trade Zones (FTZs) Council and managing directors of the FTZs, President Rouhani said that economic resistance will be possible through action, implementation, planning and avoiding slogans.
Highlighting the economic resistance principles on less vulnerability of economy and its empowerment so as to make it ready to face tough conditions, President Rouhani said major portion of the economic resisance policy is constructive engagement with the world.
He said his government policies favor cutting reliance of the budget on oil revenues, growing non-oil exports, and positive balance of exports versus imports, checking inflation, economic stability, increasing exports, and building up national trust in promises.
He announced that FTZs should pioneer implementation of the government economic resistance policies.
He added that implementation of the economic resistance policies in the FTZs should be interpreted as absorption of capital, technology and more production and exports.
Elsewhere in his address, President Rouhani highlighted his government's successful economic performance last year: 'Constant fall in the inflation rate and making it one-digit has been the lasting policy of the 11th government; to this end, we managed to decrease the inflation rate to 11.3 percent in March 2016 from 41 percent in 2013.'
He said government has set five percent economic growth rate as its target in the new year.
He called for double efforts to ensure economic growth and vibrancy and complete elimination of recession, allowing banks to enter the scene.
Also deploring that oil revenues decreased by one sixth, especially in last year, President said that despite all problems, government managed to save economty from deflation, achieveing three percent economic growth rate.
Meanwhile, the president referred to his govenrment's brilling diplomatic performance last year.
'In the year 1394 (March 21, 2015-March 20, 2016) and in the course of talks with the G5+1, Iranian nation managed to gain a big and unprecedented diplomatic and judicial victory in Iranian history.'
He said the country is prepared for a big economic movement in the post-sanctions and post-JCPOA era. 'Many enemies of the Iranian nation are very angry over the nuclear accord and try to hurl impediments on the way of benefiting from the post-sanction and post-JCPOA achievements. We should use the opportunities in the new atmosphere with stronger will in order to attain development.'
He said his government will strive for lasting employment, growing productivity, economic flourishment and technology transfer.
He added that planes are purchased now to make flights safer.
Also referring to Iran's high potential in terms of shoe and garment production, which is a business of high value-added and with hogh job creation potential, the president said Iran can capture regional markets of the two items.
As far as strategic food products are concerned, the country has attained self-sufficiency – something emphasized in the economic resistance policies, said the president, adding that Iran's strategic foodstuff reserves have hit unprecedented record.
He said that optimal use of water resources will be given special attention in the New Year as the country is in water scarcity.
President Rouhani, highlighting the need for renovation of the national airlines, said one of the positive consequences of the JCPOA had been preparing the ground for purchase of new planes.
Based on the latest statistics available by Minister of Rods Abbass Akhoundi, Iranians spent 4.5 billion dollars last year on the plane ticket purchase from foreign companies, said the president.
The President said though sanctions on the plane purchase and export of pistachio and carpet were not in the list of nuclear sanctions, Iranian negotiators managed to have the sanctions lifted.
To the end of his remarks, the president underlined further promotion of infrastructures in the FTZs to attract more foreign capital.
He concluded that as linkage point of Iran and abroad and the source of a very important North-South corridor, Chabahar FTZ will face a very brith prospect.

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