Chain financing is one of the main strategies of the country’s financial system.
The Minister of Industry, Mines and Trade said at the signing ceremony of a chain financing agreement with 5 operating banks: “If we have 5 main strategies and work in the monetary and financial system, one of them is the 5 strategies of chain financing that many of our issues Will solve.
According to Shata, Seyed Reza Fatemi Amin stated this, adding: “We started two projects to pay facilities based on the invoices of the comprehensive trade system and chain financing two months ago, and in this regard, very good interactions and synergies with the Central Bank and the Ministry of Affairs.” We had economics and finance.
Reduce deviations from resources by paying facilities based on system bills
He said that the payment of facilities based on the invoices of the comprehensive trade system has also been announced by the Central Bank of the Islamic Republic of Iran, he said: Many of our issues help in this area.
Very good cooperation of the banking system
The Minister of Industry, Mines and Trade, stating that the banking system has a very good cooperation with this project, explained: “Since June 1, the work of this project has started and we have a meeting every week to monitor, monitor and supervise the project and the provinces Has been the subject.
Ease of access to resources in a chain financing project
Fatemi Amin considered the chain financing project as another of these projects and added: ease of access to resources, liquidity management and reduction of diversion from resources will be among the achievements of this project.
Achieve growth of 12.8 industry sectors by activating vacant capacities
Referring to the goal of 8% growth in the economy in 1404, he said: “The share of the industrial sector will be 12.8% and if the existing vacancies are activated, we do not need heavy investments and with the lowest investment costs, suitable employment and production can be formed.” .
Exports cross the $ 45 billion mark
Minister Samat pointed out some of the achievements and capacities created during this period: inflation has risen from 45% to 50% to 35% and exports have exceeded $ 45 billion since March 1; While last year’s total exports were $ 35 billion, oil sales have also been rising and reaching equilibrium.
Banking system support for production to achieve industrial growth
Fatemi Amin continued his remarks: “According to these achievements, if the financial and banking system can not support production this year and next year, the growth of production and exports will not be achieved.” While there is a possibility and capacity for this growth and these achievements are an example of this possibility and capacity.
Solve many working capital problems with new designs and systems completion
He said that with these new plans (chain financing and payment of facilities based on comprehensive trade system invoices) and the completion of the systems, many working capital problems will be solved next year, adding: the banking system is a leader in this field and close cooperation had.
The Minister of Industry, Mines and Trade, stating that the projected growth in terms of hardware and demand is possible, stressed: The third component is the issue of financing, which must be operational until next year is a brilliant year.