Azernews.Az

Iranian presidential hopeful Ali Akbar Velayati has laid out his plan for what he called a complementary administration.

Velayati said that he's drawn up the sketches for his administration which will have five major aspects. The presidential candidate claimed that based on the plan, the inflation and unemployment can be controlled in just 100 days, Mehr news agency reported.

The advisor to the Leader of Iran's Islamic Revolution said that he will form a moderate administration with the participation of experts if he wins the June 14 race.

Iran will hold the 11th presidential election on June 14.

The voters will select the successor of the current President Mahmoud Ahmadinejad, who is not able to participate in the elections for the third term according to the country's constitutional laws.

The president of Iran is elected for a four-year term in a national election and the Guardian Council vets the candidates for qualifications.

Velayati, Gholam Ali Haddad Adel, and Mohammad Baqer Qalibaf are all from the Coalition of Three from the Principlist camp.

Iran's Guardian Council, the top body for overseeing elections, is now vetting all presidential hopefuls to come up with the final list of eligible candidates.

Iran's inflation rate reached 38.7 percent in the first month of the current Iranian calendar year (March 21-April 20), Mehr reported, citing the Statistics Center of Iran.

Inflation in Iran amounted to 25.4 percent on the average during the past Iranian calendar year.

The government allocated around 280 trillion rials (about $23 billion) to thousands of job creation plans, but reports says that over 60 percent of job creation goals plans were not materialized.

Based on the Statistics Center of Iran, the number of jobless people was around 2.674 million in the calendar year 1384 (March 2005-March 2006), but the figure rose to 2.944 in the year 1391 (March 2012-March 2013).

Iran's fifth five-year economic development plan (2010-2015) has envisaged creating 1.1 million jobs per year. Persons aged 20-24 years are the most unemployed group in Iran with the unemployment rate of 29.8 percent.