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Tehran, Sept 11, IRNA -- Government spokesman Abdollah Ramezan-zadeh said on Wednesday that the government sees no need for amendment to the current year's budget plan.
He told reporters at the end of the cabinet meeting that Ministry of Economy and Finance, Ministry of Commerce and the Management and Planning Organization (MPO) have agreed that no bill on amendment to the current budget plan of the year 1381 will be submitted to the parliament.
"If the government's income predictions fell short of the already fixed expenditure, the government will reduce its payments. The reduction in payments will not affect the salaries." he said.
He said that no figure is yet available about possible budget deficit adding that the government adopted effective mechanisms to fulfill all predicted incomes.
Ramezan-zadeh said that the government has provided 100 percent of the credits for provision of basic commodities to which it pays subsidies, including medicines, wheat and cooking oil.
He quoted the Governor of the Central Bank of Iran (CBI) Mohsen Nourbakhsh as saying that the industrial sector has enjoyed 11 percent growth in the first quarter of the current year compared with that for the same period last year while the mineral sector recorded 11.8 percent in the same period.
He said that the process of investment of the private sector in the first quarter of the current year indicated the growing trend will continue until the end of the current year.
He said that the figure indicated that the investors are optimistic about the interest yields in the industry and mineral sectors.
He said that the cabinet heard a report from Minister of Energy Habibollah Bitaraf about inauguration of the first domestically-made major hydroelectric power plant, one of the three plants over Karkheh dam, adding that the power plant will generate 133 megawatts of electricity and the entire plant have been built by the domestic contractors.
He said that all the turbines for the hydroelectric power plant have also been manufactured in Iran.
Ramezan-zadeh said that the government authorized the dismantling of the state company for exporting petrochemical products to give free hand to the private sector.
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