TEHRAN- Iran’s First Vice-President Es’haq Jahangiri has tasked the Ministry of Finance and Economic Affairs with implementing 14 prioritized programs by the end of the current Iranian calendar year (March 20, 2018).

Improving the country’s business environment index by 10 steps, implementing the value added tax law, developing a comprehensive taxation plan, enhancing the country’s competitiveness rank, empowering the domestic insurance industry, and creating an intelligent system to fight money laundering are some of the projects, Mehr news agency reported.

In January 2017, Jahangiri said that creating an economic opening won’t be viable unless resistance economy guidelines are implemented by all responsible bodies. 

“If resistance economy policies are implemented by all, the country’s economy has the potential to flourish and enhance living conditions of people,” Jahangiri said, “Advancing resistance economy is an important task that demands the participation of all governmental, official, and civil organizations.” 

The term “resistance economy” was used for the first time in 2013 by Leader of the Islamic Revolution Ayatollah Ali Khamenei to highlight the importance of domestic production as a tool to reduce dependence on foreign resources.

Also, it brings to the fore the need to support the Iranian private sector and workforce.

HJ/MA