4 scenarios for oil purification by building housing
According to Tejarat News, Farhad Beizai, a housing economics expert, stated about the purity of oil with housing: Four conditions in the purification of oil through construction are conceivable: The contractor imports the required currency and converts it into Rials in the country; But the question that arises is that if this is possible, why not export oil in this way, so that it does not develop only in a forced contract, but with full authority?
The economist clarified about the second conceivable path in front of oil purification with hard housing: 2. Contractor, we import construction materials in exchange for our imported oil, which, while closing down domestic factories, will increase the cost of construction due to the increase in transportation costs, and will not be rational.
He added: 3. The contractor imports other imported goods into the country and by converting it into Rials in the country, it will be possible to supply materials and construction. In addition to increasing imports, this method will not create new sources of financing due to the constant amount of liquidity in the country.
Beizai added: The fourth curtain is that the contractor will settle with the cement and steel suppliers (for example, in Turkey or China) as he received the oil. It seems that this method will be another type of foreign exchange outflow from the country, and unlike the export methods in which people have guarantees that the currency will enter the country, they will not have such an obligation in this method.
The housing expert said: “Although the fourth possible method of refining oil through construction, due to the ease of providing foreign exchange in the country of origin, will be relatively attractive, but it prevents the problems caused by the outflow of foreign currency from countries such as Turkey and China will be a third country, which is likely to be more popular than other methods due to its attractiveness, but will lead to an easy outflow of assets.
None of the four scenarios is in the national interest
Beizai stressed: “It seems that none of the above routes can provide national interests in the field of economy and it is necessary for higher institutions to be more active in this field to prevent further damage to the country’s economy.”
Source: stamp