Ghaderi who is a member of the Planning, Budget and Auditing Committee of the Parliament further noted that after lifting sanctions, rising oil revenues should be channeled to NDFI accounts.
He said that oil revenues should go to NDFI in order to be used for empowering private sector.
Even development projects should not be dependent on oil revenues, he said, noting, under the regulations of sixth development plan of the country the share of NDFI from oil revenues will rise by 3 percent annually while the floor has been set at 30 percent.
The idea of cutting reliance on oil revenues has many supporters, he said.
Some are of the opinion that lifting sanctions will intensify budget dependency on oil revenues, he added noting that under the sixth development plan’s regulations any further oil revenues will go to NDFI and will be available by non-governmental sector in the form of either technical facilities or credit.
It is reasonable not to allow reliance on oil revenues to ascend after lifting sanctions, he concluded.
Your Comment