What about the remnants of the stock of justice?

According to Tejarat News, Was the task of the remnants of the shares of justice specified in the 1401 budget?

With the release of justice stocks in May 1399 and the significant price of these stocks affected by the capital market situation in those days, the debate over whether or not to include justice stocks became hot. While according to statistics, about 49 million people are entitled to justice shares, there are always voices of protest from those who why they are not included in these shares, despite being among the low-income deciles of society?

The Twelfth Government ended its work while it was announced that the file of registration of justice shares has been closed and it is not possible for a new subject to be accepted. However, from time to time, parliamentarians again promised to distribute justice shares to the survivors; However, although the free fall of the capital market has devalued the real value of justice stocks and it is currently not possible to sell these stocks as they should and may not, but justice stocks are still not valued and many people want it.

It should be noted that according to the forecast made in the law, about 95,000 billion tomans of companies’ shares were to be transferred to the stock exchange this year; While this figure was 11.6 thousand billion tomans last year and in other words has increased 84 thousand billion tomans. This forecast is made while the government has not sold a single rial of its shares in the capital market since the beginning of this year. This could mean that the government is counting on selling its shares in the capital market to fund this year; Now the question is, if government shares are supposed to provide some kind of budget, then how does the government want to allocate justice shares to the survivors?

However, the current parliament and government still believe that the issue of the survivors should be addressed.

Where will the stock of justice come from?

In this regard, Ali Akbar Heydari, spokesman for the Association of Provincial Investment Companies of Justice Shares, stated that the will of the parliament from the first days of work was to determine the task of discussing the remnants of justice shares, said: In the previous government there was no will for this issue The current emphasis is on determining the duties of the survivors and realizing the rights of the lower deciles. The custodians of the issue are the remnants of the shares of justice based on the referral of the President, the Ministries of Economy and Welfare. We have also made the necessary follow-ups in the popular sections of the stock of justice, so that the realization of the right can be done as soon as possible in the form of joint meetings.

He asked why the resources needed for the survivors of the stock of justice were not included in the 1401 budget bill. He replied: “One of the cases is that there may not be a need to allocate resources for this issue in the budget, because significant resources have been deducted from the shares of justice in the past years and are available in the form of shares returned to the government. Shares can be done in the form of a system transfer, it can be used for survivors.

The spokesman for the Association of Provincial Investment Companies of Justice Shares continued: “The main point is that the main decision-maker in determining the assignment of justice shares is the government, and the place of providing resources and the manner of allocation must be determined by the government.” It can be said that assigning the survivors does not need to be included in the budget, and we hope that this will be completed as soon as possible. The Economic Commission has already announced that this issue will be assigned by the end of this year.

Heidari had previously announced that the daily value of the reclaimed shares (47%) is currently 600,000 billion tomans of justice shares, which have been reclaimed under the pretext of non-payment of installments. This number was announced in the statements of Ghazizadeh Hashemi, the then deputy speaker of the parliament. The law stated that if the installments were not paid at the end of 10 years from the place of justice dividends, the government would be allowed to sell the shares in the amount of unpaid installments. At that time, if one third of the 47% of justice shares were sold, the installments of justice shares would be paid. Instead of 47% of the rial value of the installments, 47% of the shares were withdrawn; At the same time, 47% of the shares were worth three times its rial value.

Emphasizing that there are arrangements for allocating justice shares to 20 million people equal to the current value of justice shareholders, he said: “Resources have been identified in the public section of justice shares and we are ready to announce these resources in expert meetings with government agencies.” . Of course, I apologize for the public statement, but these sources have been taken back apart from 47% of the sources.