TEHRAN – Iranian Parliament Speaker Mohammad Baqer Qalibaf says that addressing the country’s economic challenges is a strategic approach that helps neutralize the United States’ pressures on Iran.

Speaking at a conference on Wednesday, he emphasized the need to increase production, identifying this as a focal point in the economic battle with the United States. 

Qalibaf stressed the importance of taking a stand precisely where the U.S. wishes Iran not to strengthen, declaring economic activists as “the true warriors in this economic war.”

Qalibaf discussed the challenges and opportunities faced by Iran, asserting that these challenges are not insurmountable. He pointed out that the failure to act stems from either a lack of will or a lack of understanding. Drawing attention to the diminishing economic growth over the past decade, he emphasized the annual outflow of billions of dollars in capital from the country which are mostly due to sanctions imposed on Iran by the United States. Qalibaf also attributed these issues to shortcomings in policymaking or failures within the private sector, emphasizing the necessity for a common understanding to address these challenges effectively.

Addressing economic targets, Qalibaf emphasized the need for an annual 8% economic growth and a reduction in inflation to single digits, aligning with the country’s general policies. He also highlighted the predicted 2.8% productivity growth as part of Iran’s economic growth strategy.

Qalibaf also acknowledged that Iran possesses abundant human and material resources that are not fully utilized. He concluded by expressing confidence in the nation’s ability to resolve its problems through better planning. Referring to practical initiatives already undertaken, he emphasized the potential for transformation by leveraging opportunities in the mining sector and capitalizing on transportation possibilities dictated by Iran’s geopolitical situation. 

Iran’s top lawmaker envisioned a transformative program capable of achieving economic stability, asserting that this goal is well within Iran’s reach.

MAS