Islamic Republic of Iran focused on formulating and
carrying out Five Year Development Plans (FYDPs).
The 4th and 5th FYDPs, respectively launched in,
2005/06 and 2011/12, were part ... performance has also been
inadequate during the initial years of the 5th FYDP.
Similarly unrealistic objectives for employment,
inflation, liquidity, productivity, domestic and foreign
investment, poverty reduction, oil exports ... energy price
increases. The 20-month period for implementation of
subsidy reforms, the 5th FYDP's cardinal reform
package, was, however, unsatisfactory. Despite the
reform program's boldness, several shortfalls