Controlling inflation is the central and main policy of the central bank
The Governor General of the Central Bank in a meeting with economists:
According to the financial news report, quoted by the Central Bank, Mohammad Reza Farzin, the Governor General of the Central Bank, in the first meeting with economists discussed the discipline of the monetary sector, the regulation of the government’s relationship with the Central Bank, the strict implementation of the exchange rate stabilization policy in the Nima system, and the optimal use of monetary instruments for He emphasized the control of inflation and liquidity and said: managing inflationary expectations and gaining people’s trust in the society is one of the important indicators in the success of any economic program, and in this field, the cooperation and cooperation of all institutions and experts can definitely help us achieve the goals of the forecast. Helped.
The Governor General of the Central Bank stated that maintaining the value of the national currency and controlling inflation is one of the main missions of all central banks and stated: This bank makes policies and acts within the framework of stabilization policy and in this regard, the authority of the Central Bank in the specialized areas of money and banking is definitely It will be revived and operational.
Farzin continued to emphasize the support of production and job creation and added: financing of working capital needed by production units and enterprises is one of the important priorities of the Central Bank; Of course, the long-term financing of production and economic units should be assigned to the relevant capital and specialized market so that other financial instruments can be used in this field.
The Governor General of the Central Bank also emphasized on the implementation of the policy of reforming the banking system and adjusting the monetary program according to the current conditions and said: specialization and separation of banks in the form of development, specialized and commercial banks along with the formulation of separate rules and regulations for each group of these banks is one It is one of the necessities of reforming the banking system.
Farzin listed the strict monitoring of the banking network’s performance, control of balance sheet and overdrafts, targeted facilitation, liquidity control, how to use credits in the banking network and dealing with unsecured and unhealthy banks as important necessities and stated: Central Bank is definitely active in this direction. and specialized will enter so that in addition to achieving the predicted goals, the targeted guidance of banking facilities towards production and productive services will be operationalized in an intelligent way.
The head of the Money and Credit Council continued by emphasizing on the reform of the interest rate of deposits and bank facilities to control inflation and said: Strong monitoring of the proper implementation of the relevant laws and directives of the Central Bank in order to integrate the banking network and prevent possible violations is the most important priority of the Central Bank. .
In this meeting, the Governor General of the Central Bank also emphasized the implementation of the rate stabilization policy of 28,500 tomans in the NIMA system for the import of basic goods, raw materials and production machinery and equipment in order to stabilize the currency market and reduce inflationary expectations and said: The policy, whose various aspects have been discussed and investigated, will be followed with all seriousness in different sectors.
Farzin continued: By fixing some shortcomings of the integrated currency market, we will strengthen it in the form of a currency exchange market. In addition to meeting the foreign exchange needs of basic goods and raw materials and production equipment, which are provided through the Nima system, we are trying to provide other foreign exchange needs of the people, which consist of 40 tiers, in the foreign exchange market.
In the end, while emphasizing the necessity of interaction with economic experts, the Governor General of the Central Bank said: the opinions of banking experts and professionals will definitely be used in developing plans and reforming the banking system.
The economists and economic experts present in this think-tank meeting also presented their views in the field of monetary and currency policies and in the field of topics including the optimal use of monetary and banking policies, the strict implementation of the exchange rate stabilization policy to establish stability in the currency market, reform They discussed the banking system, management of inflation expectations, resolution of banks’ disagreements, implementation of monetary governance, adaptation of currency and trade map.