Larijani doubts claims of 95% success rate for fast-yielding projects

TEHRAN, May 11 (MNA) -- Majlis Speaker Ali Larijani has expressed doubts about the validity of the administration’s claims about a 95 percent success rate for its fast-yielding projects.

“Unfortunately, the outcome of these projects has not saved the current situation, and it is hard to believe the Labor Ministry’s statistics claiming this plan has been 95 percent successful,” he said here on Monday during a meeting with directors from the Labor Ministry and offices of provincial governors general.

 

Deputy Labor and Social Affairs Minister Hamid Haji-Abdolvahab announced in January that 477,000 fast-yielding projects came on stream between March 2006 and the end of December 2008.

 

According to the Labor Ministry, fast-yielding ventures created over 913,000 job opportunities between March 2006 and January 2009.

 

Larijani said figures released by different state bodies vary significantly, and according to reports, the government has funded some projects that are still unfinished.

 

“Such unfinished projects are a waste of the country’s capital and cause inflation,” he stated.  

 

He went on to say that the fast-yielding projects plan should be “realistically evaluated” as soon as possible.

 

“We do not intend to catch anyone red-handed. Where the problem is and to what extent the banking system should help must be determined,” the parliament speaker added.

 

SL/HG

END

MNA

News Code 33695

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