National Economy Has Been Politicized

IRAN NEWS ECONOMIC DESK

TEHRAN – Minister of Finance and Economic Affairs Farhad Dejpasand says national economy is grappling with politicization and the only cure for it is the interaction and professional performance with calmness.

Speaking in the 100th meeting of Government Council of Dialogue With Private Sector, the minister said he definitely believes national economy is caught with politicization and the only solution for it is interaction and professional performance accompanied with calmness.

He added that all should talk in a way that their remarks become solution, adding remarks to please few people are not the solution.

Dejpasand went on to say that he is not to win hearts of the private sector or confront with while it is a serious economic part of the country, adding he believes  if the government opens the way for more effective activities of the private sector, then the country will obtain favorable results.

He claimed the current growth of non-oil exports of the country in the Coronavirus era is a proof for the effectiveness of holding these meetings.

He noted that maybe it would become hard to believe this fact that in the coronavirus era the national economic growth has registered a positive one based on the statistics of the Central Bank either with or without oil sales, but it is true.

Dejpasand added that fortunately some job losses which had happened in the first quarter of the year due to the pandemic were recovered later and the unemployment rate declined.

Touching upon some ambiguities regarding the next year budget plan, he pointed to some items in the budget bill and explained, calling for necessity of economizing and reducing expenditures.

He also reiterated that he is opposed to the idea of increasing the tax revenues for the next year government revenues, adding that since there is no specific definition for the new bases of getting taxes or reducing tax exemption, the increase in the tax will mean more pressure on the private sector in the coronavirus era.

He also hailed the performance of the Tax Affairs Organization last year in materializing 102 percent tax revenues and its over 100 percent of this year’s revenues without increasing pressure on the weaker layers of the society.

Dejpasand admitted that about 40 percent of the total GDP of the country is exempt from paying tax.

On the current ups and downs in the stock market, he said Securities and Exchange Organization dealt properly with 160 stock market publishers which had violated the rules and some of them were penalized.

He reiterated that the Securities and Exchange Organization is determined to bring back stability to the capital markets by taking proper measures.