Banking and insuranceEconomical

Borrowing 54,000 billion from the Central Bank and $ 60 billion in debt to the National Development Fund reached the 13th government

Dr. Seyed Massoud Mirkazemi, Vice President and Head of the Program and Budget Organization, during his visit to the holy city of Qom and meeting with the great verses of Makarem Shirazi, Nouri Hamedani and Sobhani, presented information about the economic situation of the country.

“The country was not handed over to this government in good condition, the extent of the corona, which killed more than 600 people every day, and unlike the previous government, which acknowledged that we were vaccinated because of the FATF,” he said. They do not sell, enough vaccines were prepared and, thank God, this nasty disease was curbed.

The Vice President continued: “Another problem is the occurrence of drought and water stress, which we are facing backwardness in almost 31 provinces of the country.” On the other hand, drought had reduced the domestic production of agricultural products, including wheat, and with world prices of some goods increased 2 to 3 times compared to 1399.

According to him, on the other hand, the previous government spent the reserves of basic goods and livestock inputs and spent $ 6.5 billion of the $ 8 billion in foreign exchange credit in the budget allocated for the purchase of these items.

Mirkazemi, announcing that the country was handed over to the 13th government with heavy debts, added: In August of 1400, the government withdrew more than 60 billion dollars from the National Development Fund with a debt of 54,000 billion Tomans borrowed from the government before the Central Bank. Debt to the banking system and debt to social security. Also, in the remaining month of August, the principal and interest of the bonds, which were published in previous years and the funds were spent, amounted to 530,000 billion tomans, and by the end of 1404, this amount of commitment has been created for the thirteenth government. In this year’s budget, there is about 103 thousand billion tomans of bond issuance, in contrast to which 172 thousand billion tomans of bonds of previous years should have been settled, and this has taken the government’s ability to do basic work.

The head of the Program and Budget Organization continued to meet with the ulema, adding: “Among the problems at the time of handing over the government, inflation was about 50%, which was reduced by managing resources and adjusting spending at the end of last year. And the Gini coefficient, the index of class distance, had risen significantly.

The head of the country’s program and budget organization added: the government was able to pay 180,000 billion tomans in construction costs by the end of last year, and during this period it has tried not to borrow from the central bank in terms of government resources and expenditures. The government has tried to increase oil revenues as well as tax revenues, and has reclaimed some of the blocked money. The government was also able to import vaccines, basic goods and livestock inputs from the same area last year.

The vice president noted that the rise in prices of basic inputs and commodities, including wheat, is due to the drought and the Russia-Ukraine war, and the consequent rise in world prices. The removal of $ 4,200 from the calculation of customs duties and budget, which was legal and enforceable, was postponed for 6 months due to the beginning of the 13th government with the permission of the Supreme Leader of the Revolution, and the provision of the last months of last year by his order Greatness saved. But this year, there is no preferred currency in the 1401 budget.

He said: “It is true that the price of oil has increased and government revenue has increased, but 40% of revenue this year will go to the Development Fund and 14.5% of the share of the National Oil Company and 45.5% of oil sales is the share of the government.”

Mirkazemi, stating that with the increase in subsidies, the Gini coefficient has been reformed and the class gap has decreased, added: “By reforming the subsidy system, the government will pull itself out of the economic cycle and start monitoring.”

He said: “Iran’s subsidized goods were sold in stores of neighboring countries after 3 days of production, and the elimination of the preferred currency reduces rents and smuggling and increases competition in production, because the producer in the past could not compete with imported goods in the currency of 4200 Tomans.” Slowly

Emphasizing that the government is trustworthy and protects people’s property by saving, the vice president said: “Food is in turmoil internationally in all countries, and with the reform of the subsidy system in Iran, the necessary support for the middle and poor sections of society is needed.” There have been.

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