Government Has Separate Scenarios for $40, $75 Oil

TEHRAN (IRNA) – Minister of Cooperative, Labor and Social Welfare Ali Rabiei said the government has prepared different scenarios for oil prices of $40 and $75 per barrel and even for the post-sanction period.

Date: 28 February 2015 - 21:35

News ID: ۱۱۴۹۶

Speaking in the Caspian Province of Mazandaran, Rabiei noted that efforts made in the past have resulted in the current dignified presence of the Iranian representatives at the negotiating table to defend Iran's national interests while Western countries have a respectful outlook towards the issue.

He said the 11th government stressed the interests of all masses of the people and stands up to those who confront interests of the people both inside and outside the country.

Referring to the economic growth rate obtained by the government, he said the economic growth rate of 5% is to be pursued for the next year although for the development and employment in the country an economic growth rate of 8% is required.

The minister pointed to the important steps taken by the government in recent months such as insuring 8 million people in the country and said food support of the households suffering from food poverty is among the significant measures by the government.

He termed the people as the social assets of the country and said the government focuses on honesty and transparency and stresses bilateral trust between the government and the people as such trust is an unprecedented capital that cannot be replaced by anything else.