The executive summary of the report states that Clause 32 of the Energy Strategic Document highlights a shift in perspective—from viewing oil and gas revenues merely as a source of public budget funding to considering them as economic productive assets, with an emphasis on renewable resource-based economies. This shift clarifies the primary role envisioned for oil and gas revenues at the macro level of the country and guides the definition of strategies, policies, procedures, and laws related to the oil and gas sector accordingly. The review and reform of the relationship between the government, oil, and the National Development Fund must therefore be aligned with this overarching goal—namely, wealth creation from natural resources.

It is worth noting that this research report was authored by Mina Aboutalebi, with contributions from the specialized working group on Macroeconomics and Sustainable Development at the First National Conference on Improving the Budgeting Process in Iran, and was prepared in 19 pages.

Interested readers can access and study the report through the link below.