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Iranian President: Iran to create 1.8 million jobs shortly

Business Materials 18 February 2011 13:25 (UTC +04:00)

Azerbaijan , Baku, Feb. 18 / Trend, A.Yusifzade /

Currently 1.6 million jobs has been created in Iran and by the end of the Iranian calendar year (March 20, 2011) this figure will increase to 1.8 million, Mehr News Agency reported quoting Iranian President Mahmoud Ahmadinejad as saying.

Ahmadinejad also assigned the Oil Ministry to set up an operational headquarters to support downstream industries in a bid to help create more jobs for the youth within two years.
Earlier Ahmadinejad said that implementation of the targeted subsidy system will eradicate unemployment and poverty within three years in Iran.

"Iran is a rich country and if justice is established not even a single person will be unemployed or poor," Ahmadinejad said.

"I have also assured the parliament members that if the plan is implemented by a smooth mechanism, Iran will not have even a single jobless or poor within three years," Ahmadinejad said.

He said that the administration presented a bill to the Majlis (parliament) in April 2010 calling for 20 percent of the oil income to be allocated to the National Development Fund in accordance with the Fifth Development Plan (2010-2015) for creating jobs for the youth of the country.

Iran's Guardian Council has approved the legislation aimed at gradually cutting the government's subsidies on energy and food items.

The body's spokesman Abbas-Ali Kadkhodaei said that the bill complies with Islamic laws and the Iranian Constitution.

Iran's Parliament (Majlis) ratified the bill proposed by the government after making some amendments to it.

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