The 1401 budget is the sum of the contradictions / the government’s hand is still in the pockets of the shareholders

According to Trade News, although the 1401 budget bill was promised good news for the stock market, stock market experts believe that the bill is not feasible and the government is still in the hands of shareholders.

Borzoo Haghshenas, a stock market expert, said that the 1401 budget is a sum of contradictions. What is related to the state is expansionary and what is related to the nation is contractionary. The government has said that I am writing a contractionary budget, but it has increased all its revenues.

He added: The 1401 budget has a deficit of about 300,000 billion tomans in the operational balance. Some budget figures are not achievable. For example, they increased the exit taxes from 110 billion tomans to 1500 billion tomans. It is clear that such a thing is not possible. This is while most income clauses are like this.

The expert said: Regarding the reduction of income from the issuance of bonds, the bonds that have a issuance license are the same every year, but in the middle of the year, with the permission of the heads of forces, they issue bonds again. The issue of removing preferred currency, if done, is good news for some currency industries. But this budget still maintains distrust in the market, and there is no good news in the distrust market.

This is not a contractionary budget

Haghshenas said: “On the other hand, the price of fuel has become the same as the price of feed for steels and petroleum refineries, so this triple increase will put pressure on these companies.” The government has not changed the price of energy carriers, but has increased the price of fuel for producers. This means that I punish the producer and put my hand in the shareholder’s pocket. The government has acted very badly in the capital market and has pushed the stock market to the brink of extinction with beautiful slogans that were not implemented and wrong policies.

He stated: It is said that the obligation to provide currency to the Nima system has been removed, but I did not hear this in Salehabadi’s speech yesterday. This means that this is just a promise. In general, the 1401 budget figures are populist, and these figures will have a negative impact on our economy and capital markets.

“Revenue clauses are unlikely to materialize,” he said. The figures are hilarious. Wherever there is government, they have increased spending. You can not be strict with employees, but you can double the income of the organs.

“I am defending the contractionary budget, but this is not a contractionary budget,” he said. Tell anyone that the budget is contractionary, but the economic growth rate is eight percent. They laugh at us.