Development of 19 programs by the government for economic stability
According to Iran Economist, Dawood Manzoor today at the Central Bank’s 30th monetary and foreign exchange policy conference, stating that the most important basis for creating economic growth is creating economic stability and curbing inflation, he stated: In a joint program between the Central Bank, the Program and Budget Organization and The Ministry of Economy announced 19 measures and scheduled actions, in which the duties of each of the institutions are clear.
He said: “This year, the prepared measures will be organized and implemented, which requires the cooperation and support of the economic team of the government, and the signs of its formation in the last month show that we have moved towards stability in the currency market, and the currency market will gradually stabilize.” .
He said: The next stage is the housing market, which will be stabilized with the measures and coordination of the economic team of the government. We can control the anchors of society’s inflationary expectations with the stability of the exchange rate.
According to the head of the Program and Budget Organization, based on the wrong policy in the last 10 years and conditioning people to the currency market, inflationary expectations were stimulated in this market and the country’s economy was affected by the currency market.
Manzoor added: The central bank moved towards marking the official currency market by setting up the gold and currency exchange center.
The head of the Program and Budget Organization stated that the informal market is a marginal market with little depth, and said: This market used to confirm the exchange rate in virtual and telegram space and signaled to the economic activists that this is a sign of an incorrect institutionalization in the economy.
Stating that the world’s experience shows that economic growth takes place in a stable environment, Manzoor stated: The inflation rate should be reduced to an acceptable level and a stability should be established.
According to him, with wise measures and the correct implementation of policies, we will gradually move towards stability and peace in the market and give positive signals to economic actors, and then economic growth will take place.
The head of the Planning and Budget Organization said that one of the important factors of inflation, which is released in the market with a delay of 4 to 5 years, is the imbalance of the government’s budget and added: the most important of this imbalance is manifested in the form of the government’s debt to the central bank, and the more the imbalance of the government, the greater So, the first place he goes to is the central bank’s resources, which he withdraws from, and this increases inflation.
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