Abolfazl Razavi said the loans will be secured from National Development Fund (NDF) and the banks, IRNA reported.

The Statistical Center of Iran has announced that 790,561 jobs have been created in the country during the past Iranian calendar year (ended on March 20).

The center reported that the number of employed people reached 23,378,613 people in the past year.

The statistical center also put the country’s unemployment rate at 12.1 percent, indicating 0.3 percent fall year on year.

Meanwhile, according to Razavi, some 210,000 jobs were created in the rural areas in the past year.

The official said the figure is tried to reach 300,000 in the current year.

Iran’s Sixth Five-Year National Development Plan (2016-2021) has envisaged creation of 384,000 jobs in rural areas per year, Razavi further announced.

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Sadeq Najafi, who is also the head of Iran Small Industries and Industrial Parks Organization, said some part of the mentioned loans is allocated as the governmental budget and the rest will be paid by the banks.

On May 6, Deputy Industry Minister Ali Rahmani announced that 28,602 production units received banking loans during the last Iranian calendar year.

The allocated loans were at the value of 200 trillion rials (about $4.76 billion), he said.

In late January, Najafi said during the next four years 161,000 new job opportunities will be created in 20,000 small industrial units across the country.

He noted that in this regard a program has been established for renewing and supporting the country’s small industries.

According to the official, small industries account for 92 percent of the country’s total industrial body and currently 85,000 of such units are active across the country, of them, 1,700 ones are large and industrial and the rest are medium and small-sized.

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