Uncertainty of export protection closed resources
The head of the Iranian Confederation of Exports says the financial resources for implementing the package to support the development of non-oil exports have not yet been determined, and it is unclear what part of the package could be implemented by the end of the year.
Mohammad Lahouti, referring to a package of government support for non-oil export development, said: "Unfortunately, the package was intended for this year's budget, but eventually in the early days of February and February. With less than two months left until the end of the year, it has been announced that it will likely face some uncertainty about its implementation.
"One of the main uncertainties in implementing this package is how to fund it," he said. According to the government, the total amount of the package will be 700 billion and eighty billion dollars.
The head of the Iranian Export Confederation, while not expecting all parts of the government support package to be implemented by the end of the year, said: "Given this package, it is likely that sectors whose implementation cannot be completed by the end of the year should return to the treasury again. . At a meeting with some government officials last week, we came to the conclusion that the resources needed for the export protection package have not been allocated yet and what the government will plan for these resources in the remaining days of the year.
Lahooti cited last year's failed export protection package experience: The package had a year and two billion billion reserves last year, but ultimately what was operationally allocated was only about twenty billion tomans. The Business Development Organization devoted itself to such things as business trips.
He added: "Although the current situation in the country and the financial constraints the government faces, one cannot expect serious support and perhaps more basic priorities such as the need to provide medication or help flood-strikers, but when a support package is adopted It must be executed at the right time to achieve the country's export goals.
The head of the Iranian Confederation of Exports, referring to a positive and important part of this year's export protection package, stated that one of the clauses of this package is to deposit 2 trillion USD of development fund, which will be combined with 2 trillion USD bank. Thus, in a two-year plan, exporters can receive 14 and a half percent interest on these loans, which may solve some of the problems of financing manufacturing units.
According to the report, in the early days of February, the first vice president of the country announced a package of measures to support the development of non-oil exports this year.
According to government planning, the resources of this package will be seven hundred and eighty billion dollars.
* ISNA
