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Iran’s ex-president Ahmadinejad leaves some 20,474 incomplete projects

Iran Materials 2 September 2013 14:47 (UTC +04:00)

Azerbaijan, Baku, September 2 /Trend, N. Umid

Some 20,474 construction projects for Iran's forth Five-Year Development Plan (2005-2010) including some 4296 national ones were not completed during ex-president Mahmoud Ahmadinejad`s presidency (2005-2013) and have been left to complete in the fifth Five-Year Development Plan (2010-2015), Tasnim news portal reported.

About 2 982 projects of the figure have been transferred from third Five-Year Development Plan (2000-2005).

According to the report, Ahmadinejad increased the implementation period of the fourth plan from five to six years but the previously mentioned projects did not materialise. Transferring the projects from the fourth to the fifth Five-Year Development Plan is not related to budget asset shortages, the report said.

According to the report, incomplete projects are another legacy of Ahmadinejad`s administration to new President Hassan Rouhani.

Experts say that Ahmadinejad's legacy for Rouhani includes a 1.9 per cent economic contraction in 2012, over three million unemployed citizens, 40 per cent closed industry unions, $400 billion debts, a $60 billion deficit in last year's budget based on the USD's official rate in Iran, 32 per cent inflation, halved crude oil exports and a drop in the value of the national currency by 40 per cent in 2012 alongside a blocked $60 billion worth of assets in foreign countries.

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