According to the Iran International Stone Exhibition, 10 private sector organizations of the country's mining and mineral industries with the cooperation of university professors and specialists in economic, financial and banking affairs in order to achieve the goals of resistance economy and production leap by sending a letter to the Supreme Leader, a specialized report on economic problems And provided the country's production, especially the mining sector, and ways out of it.

These organizations include Iran Mining House, Iran Iron Ore Association, Iran Stone Association, Iran Coal Association, Iran Mining Engineering Association, Iran Chamber of Mines and Mineral Industries Commission, Iranian Refractory Industry Employers Association, Iranian Association of Manufacturers and Exporters of Mineral Products The Union of Exporters of Lead and Zinc Products of Iran and the Association of Lead and Zinc Industries and Mines of Iran have emphasized in their letter that achieving the goals set in the country's economy and leaping production requires strategic decisions and special leadership orders.

Leaving the bank-oriented economy to the capital-oriented market

The country's private mining and mining industry organizations believe that monetary and fiscal policy in recent years has not had a specific approach to increase production and productivity; The increase in liquidity due to the disproportionate rise of the monetary base on the one hand and the increase in liquidity through borrowing from the central bank on the other hand are not in line with GDP growth, so high inflation is the cause of many economic problems and bottlenecks. The high cost of capital is directly related to the strength of inter-company competition, and without reducing it, which is rooted in interest rates and inflation, the international competitiveness of the country's manufacturing enterprises will not increase.

Emphasizing the move from a bank-based economy to a capital market-based economy for medium- and long-term financing of manufacturing and industrial enterprises that need long-term planning, these organizations say: Iran's capital market needs more stability and transparency to expand its depth. . The entry of large and small companies without restrictions on the supply of shares will be effective in such a way that the management of companies is out of state and private monopoly. Activists in the mining and mineral industries of the country, stating that Iranian businesses need to move in a secure context of financing and attract investment to continue their movement, note: Due to the very high volume of liquidity in the world, many competitors of Iranian companies to resources They have cheap international access, but unfortunately Iranian companies do not have access to these sources and financing markets, and this has had a negative impact on the cost of capital and, consequently, on the competitiveness of the enterprise.

Increase liquidity to pay bank interest

"Increasing liquidity" is another issue that private sector activists have addressed in their leadership letter, writing: In recent years, the false growth rate of liquidity with an annual average above 25% has caused people to use liquidity resources instead of producing and using economic capacity. Resistance turn into deposits in banks and financial institutions. Unfortunately, due to structural problems in the financial balances and concerns about the impossibility of paying the principal of people's deposits and tightening the rules and regulations of the central bank, contrary to all monetary and financial rules of the world, banks have been forced to make higher profits to larger sources. Allocated and this factor has drastically increased the financing rate for production units.

On the other hand, increasing liquidity digitally on the right side of banks' balance sheets, only by updating loans to borrowers of previous facilities or deferring debt by receiving interest from them as an office, and accordingly in the country's banking structure, free or floating funds that can Giving facilities to new production units does not exist and production units are severely short of financial resources for production and employment. This increase in liquidity in the banking system is not free floating resources and only has inflationary effects on the economy, most of which will affect the lower income deciles of society.
He blamed the lack of independence of the central bank for government borrowing for its deficit, which led to an increase in liquidity, and the lack of a decisive action by the central bank has led commercial banks to do business instead of banking.

Assignment of affairs to production and trade unions

In order to reduce government ownership of production and economic processes, the government should delegate its executive and supervisory roles to production and trade unions, as the bureaucratic structure of the country remains an obstacle to entrepreneurship.

Mining activists emphasize that reducing government ownership by delegating part of the production, trade unions and jobs to production and trade unions, and in return for their accountability, is the most important factor in reducing bureaucracy and removing barriers to production and leaps in production.

Solutions to get out of problems

These organizations, by enumerating the economic and productive problems of the country and the reasons for it, present their proposed solutions to solve these problems and "require the country's banks to direct the total liquidity of bank deposits to the capital market during the two-year period", "Central Bank independence in order to Controlling liquidity and preventing the corporate governance and supervising the direction of bank deposits to the capital market and reducing inflation to one digit, followed by reducing the cost of capital "and" Requiring the government to implement the law to remove barriers to production and reduce ownership through "Assigning part of the tasks to production and trade unions" is considered as one of these solutions.

He adds: "The government's obligation to define capital projects by creating infrastructure facilities equivalent to the country's working capital to direct liquidity to production and service projects in the capital market," "Reduce investment risk by creating international security and interactions and access to cheap international resources "And" transferring the shares of state-owned and semi-state-owned companies through the stock exchange so that the management of such companies is out of the monopoly of the government and in the hands of the private sector "can be an effective solution to the country's economic and production problems.

Iran Mining House, Iran Iron Ore Association, Iran Stone Association, Iran Coal Association, Iran Mining Engineering Association, Iran Chamber of Mines and Mineral Industries Commission, Iranian Refractory Industry Employers Association, Iranian Mineral Manufacturers and Exporters Union, Products Exporters Union Iran's lead and zinc and the Iranian Association of Lead and Zinc Industries and Mines emphasize once again in their dissertation that achieving the goals set in the country's economy and the leap in production is beyond the capacity of the three forces and requires strategic decisions and special leadership orders.