What is Mohsen Rezaei’s opinion about the future of the stock market?
According to Tejarat News, Mohsen Rezaei, Vice President for Economic Affairs, told reporters that we desperately need to make a leap in production in the country. To do the necessary cooperation.
He said that the current wave of inflation in the country is a continuation of past inflation and we have made an important decision in this regard, adding: First, a market regulation headquarters has been formed from Tehran to all over the country and a group has been responsible in the Ministry of Silence. To take the necessary measures in this regard.
The Vice President for Economic Affairs said that this measure should be taken without government intervention and mandatory pricing, as well as market-making. .
Rezaei said: “Therefore, the three working groups should put the necessary measures on their agenda in the short, medium and long term, and the necessary planning will be done to eliminate inflation.”
In response to reporters’ questions about whether the way the market is regulated has changed? “In terms of market regulation, because several ministries operate independently of each other, we decided to set up a central market regulation headquarters under the supervision of the first vice president to coordinate with each other and make separate decisions on how to regulate the market,” he said. Take the necessary measures, as well as the actions of the Central Bank in relation to the issue of liquidity that is being implemented.
Regarding the stock market situation and its future, the Vice President for Economic Affairs said: “Last week, there were several rumors that affected the stock market, so that at first it was rumored that the government decided to regulate steel prices and bank interest rates.” It was also announced that the fuel raw materials in the refinery would be supplied by Iran Petrochemical and Petroleum Company, so there was a propaganda attack against the stock exchange, which caused these problems.
Rezaei said: “The growth of the stock market requires infrastructure measures and we suggest that people be patient because the future of the stock market is bright, the stock market is the most important channel and the most important investment tool in the country that will be strengthened.”
In response to a question about the budget deficit, the Vice President for Economic Affairs said: “In general, the country’s revenues have been reformed and it is planned to prevent any new spending and to save more.”
The official concluded: “Many of the revenues of the government are not productive, which must be adjusted to the conditions, structure and budgets, and in the new structure that will be sent to parliament, we will see that there is no budget deficit in the program and budget organization.” Let’s be.
Source: Young Journalist Club
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