Economy Minister Unveils Complementary Plan for Wartime Conditions

Dr. Seyyed Ali Madanizadeh, outlining his agenda for the Ministry of Economy, pledged to boost Iran’s gross domestic product (GDP) through balanced, justice-oriented policies while popularizing economic participation. His plans include enforcing Article 44 reforms (Privatization), improving the business climate, and enhancing the productivity of state-owned assets.

During a parliamentary vote of confidence session, Madanizadeh emphasized combining local know-how with global knowledge to address Iran's key economic challenges.

He stated that development requires synthesizing domestic wisdom with international experience, rejecting both blind imitation of Western or Eastern economic models and populist slogans.

Citing the Leader’s directives, he emphasized self-reliance in policy-making, cautioned against Western economic prescriptions, and adherence to religious and national values.

Madanizadeh noted that other nations escaped poverty and low-growth traps by leveraging global knowledge.

“For wartime conditions, I have a separate, complementary plan,” he added, distinguishing between his proposals for ordinary and crisis scenarios.

Private Sector Revival

Criticizing past privatization efforts, he vowed to strengthen the role of genuine private enterprise and safeguard public investments.

 He also reaffirmed his commitment to optimizing state assets, a process initiated under previous administrations.

This method converts unproductive properties into productive assets, transforming stagnant assets into profitable ones through sale to private individuals or other initiatives

News ID 614062