TEHRAN -- Majlis Deputy Soleimani of Fasa said that the revision of the structure of the country's banking and administrative systems is an absolute necessity, adding that the revisions could pave the way for increased investment and employment.

He said that the unrestrained and unregulated development of cities like Tehran will cause tremendous economic and social problems.

He stated that the expansion of social services in rural regions is one of the policies which has been pursued by the government in recent years. He added that in the national budget for Iranian calendar year 1381 (March 21, 2002- March 20, 2003), 800 billion rials has been allocated to reduce poverty in rural regions. A large portion of the allocated funds have been specified for the development of infrastructure and the creation of job opportunities, he added.

He remarked on the inconsistency between the needs of the labor market and what is being taught in universities. He blamed the inefficiency of the educational system.

He said that excessive bureaucracy in the administrative system is one of the main obstacles preventing increased investment and productivity. He emphasized that revision of the administrative system could pave the way for increased production and job creation as well as change the public's view of capitalists and capitalism.