Title: Economic Reforms in Focus as Government Reviews Fuel Pricing Strategy
A Call for Comprehensive Economic Management
In a recent meeting with socio-cultural activists, a prominent figure underscored the necessity of economic reforms, including a review of fuel subsidies. The discussion highlighted a consensus on the need for a gradual adjustment of gasoline prices, acknowledging that even the price of water can be higher than the current fuel rate.
A Multi-Faceted Decision-Making Process
Emphasizing that such significant economic decisions are not made unilaterally, the official stated, “It is not the case that only I decide. We must consider thousands of variables and devise solutions for them.” This points to a deliberate and consultative approach within the government, focusing on managing the broader economic landscape with careful consideration of all impacting factors.
Leveraging National Resources for Development
The dialogue also turned to the broader context of natural resource management. While acknowledging the nation’s vast oil and gas reserves, the official posed a critical question for national development, noting that other nations without such resources have achieved significant economic success. The focus, therefore, is on optimizing the management of these national assets to ensure prosperity and stability for the nation, moving beyond a reliance on raw material exports to build a more resilient and diversified economy.
Source: IRNA