The Minister of Economic Affairs and Finance described the government's will to control the budget deficit and inflation as very serious: "Next year we will experience much less inflation
According to the Public Relations Department of the General Department of Economic Affairs and Finance of Ardabil Province, quoting the Economic and Financial News Network of Iran (Shada), Dr. Seyyed Ehsan Khandouzi presented a report on the past, present and future of the ministry at the 28th Virtual Conference of Imams of Friday prayers, stating that the 13th government took over while the country's economic situation was in a state of unprecedented instability. In 1400 we were in the fourth year in a row due to rising prices and we are still in an unfavorable situation
The Minister of Economy and Finance stated that there has been no such inflation period after the Second World War and during the last 80 years: Unfortunately, the hardships of these problems and inflation fell on the people and their lives, partly due to sanctions and partly due to some recklessness in long-standing economic issues
Khandouzi stated: In the years 1391 to 1397, we had a period of sanctions from which we could learn from these sanctions and repair the economic situation of the country; but this did not happen in the previous government. For this reason, the only support of the government was the reliance on oil revenues, which caused many economic problems
He emphasized: The 13th government, when it took over the government in September, had two important issues which had created some problems for the country in the past. One was to provide for the basic needs and goods of the people, and the other was to provide for the salaries and wages of government employees
Dr. Khandouzi noted that each year, governments can use between three and four tenths of a percent of annual revenue as funds, said: By the time the thirteenth government took office, all of this annual revenue had been expended and there was no revenue
The Minister of Economy and Finance stated: "In addition, the government could have sold 85% of the participation bonds to cover the budget deficit, which was also used before the thirteenth government took office." Therefore, in order to manage these two sectors immediately, the government put the pursuit of these two issues on its agenda in order to create stability in the country
Khandouzi described the government's second problem as instability and price fluctuations: This market instability was such that the price of currency increased to about 30 thousand tomans in a short period of time, and therefore, the government was able to reduce the exchange rate in recent days by working around the clock
He cited "budget deficits" and "banking and monetary indiscipline" as two sources of inflation and said: We are currently controlling and managing these two issues, and now we are monitoring monthly inflation
"Economic growth occurs after economic stability, which we are moving in this direction," Khandouzi said
The Minister of Economy noted that in the past, governments have always approached the Ministry of Economic Affairs and Finance as a source of revenue through taxes: But after 15 years, this view has changed in this ministry, and we are looking for a 5% reduction in corporate taxes
He added: "We will see the results of this kind of change in the approach to taxation next year; from the perspective that tax cuts are effective in improving enterprises
Khandouzi continued: "One of the criticisms and complaints that people had during provincial trips of the government is the problem of economic licenses, which preparations have been made for the licenses to be issued online
He added: "Another complaint is the supply of basic goods, which we will supply through chain stores, and in this regard, good measures have been taken and operational plans have been prepared
The Minister of Economy called the main slogan of this government is "easy access of the people to the government" and emphasized: To this end, we have measures on the agenda that facilitate public access to the government through software available in banks and other relevant institutions
Khandouzi also referred to the issue of the stock exchange and said: About 49 million people are shareholders in the stock market, of which 30 million are indirectly involved and 20 million are directly involved. The management of this market by some shareholders has caused us to see some problems in the stock market, which can also be solved and controlled, and the necessary planning has been done in this regard; Among other things, in the new government, we have undertaken the reform of the capital market, in which we have submitted a proposal to the cabinet and we are waiting for its approval
He continued: "In this plan, we are looking to activate turnover in cities and provinces, and this issue has been foreseen in the 1401 budget." Hence, the government seeks to distribute the provincial budget more equitably
"To this end, we have created 'development progress funds' in the provinces, which will be one of the government's support tools in this regard," he said
The Minister of Economy and Finance, stating that this year, by the end of March, justice dividends will be paid to all 49 million shareholders, continued: Those who have one million tomans of shareholders will be paid the same amount and those who have more than 500,000 tomans of shares will be paid a dividend of about 600,000 tomans