Fourth Social, Economic and Cultural Development Plan.

The Plan provides for government’s policies in social, economic and cultural development of the country. In order to accelerate the economic development of the country, the Plan requires the government to: create a foreign exchange account to reserve oil sales’ revenues; adopt necessary economic reforms; maximize the use of renewable energy resources; improve the public transportation; facilitate the privatization of public companies; enhance social welfare; take a sustainable development approach in managing the national water resources; improve the agricultural resources in order to achieve self-sufficiency in basic products; create necessary policies for improvement of the mining and industry section; expand international trade.