Report on economic performance of Ahmadinejad's administration released

Business Materials 30 August 2013 18:06 (UTC +04:00)

Azerbaijan, Baku, Aug.30/ Trend R.Zamanov

Iran's parliament (Majlis) research center has released a report on the country's economy during the presidency of Iran's former president Mahmud Ahmadinejad.

The report suggests that Iran's current economic situation is not in line with the spent amounts of money, the Mehr News Agency reported.

The mentioned issue is the constant problem of Iran's economy but the situation has been worsened during Ahmadinejad's administration.

The report blames different factors such as political, social, historical, and international issue for the current situation of the country's economy.

"Economic logics indicate that good performance of a section doesn't mean that the whole economic situation is satisfactory. The scale of governments' responsibilities is large therefore their performances should be evaluated in large scales, too," the report said.

"In general, a government's performance should be evaluated by finding out how much they have spent to realize their achievements (for example the economic growth or improving income distribution). In the past eight years (2005-2013) some $8.22 billion were used annually to boost the economic growth by one percent," said the report.

"It is while some 5.4 billion dollars were used to boost the same percentage of economic growth in the preceding administration (1997-2005)," the report concluded.