Few countries have inflation above 5%
Chairman of the Money and Capital Commission of the Tehran Chamber of Commerce: If proper planning and management are not done, the Vienna talks will not help reduce inflation. Past experience has shown that our economic system has not been able to implement such proper management.
According to the International Iranian Stone Exhibition, Ferial Mostofi stated about the possibility of increasing the inflation rate and its consequences on the country's economy: There is a possibility of increasing the inflation rate in the coming months. Since the currency of 4200 Tomans has reached more than 11 thousand Tomans and with the possibility of increasing liquidity, an increase in the inflation rate is probable. On the other hand, wages have increased by 39%, these wages are given to those who need to buy and bring it to market, and this also increases liquidity and inflation.
He added: "If Iran's blocked money is released abroad and used in the domestic market, it could also cause inflation." Inflation is one of the biggest problems in the country today; In the least developed countries of the world, the inflation rate is about 5%, but in our country, inflation has emptied people's tables with such a rapid acceleration and has blurred the prospects.
Referring to the Borjam talks, a member of the Tehran Chamber of Commerce delegation said: "If proper planning and management are not done, the Vienna talks will not help reduce inflation." Past experience has shown that our economic system has not been able to exercise such proper management, that Iraq and Afghanistan have been able to control inflation, and that we can do so if we have a plan.
The head of the Money and Capital Commission of the Tehran Chamber of Commerce also stated: "If we can attract investment and increase production, it can help the country's economy and reduce inflation. has it. No one can plan and work for investment if many new circulars are issued every day. It is sometimes seen that after a person invests in an area, exports are prohibited in that area. It is in such circumstances that there is no trust for investment.
Emphasizing the importance of capital security, he noted: "Investment security is another factor that can be decisive in this regard." It cannot be the job of investors to be constantly on the move in the judiciary. Security is also created with proper planning. People take their capital to a place where it is preserved and supported. Even a foreign investor pays attention to the situation of domestic investors to enter a country to see what their situation is. The situation is such that Iranians buy more houses in Turkey than in any other country. The question that arises is why they do not do their shopping in Iran? The reason for this is inflation and the low value of the national currency.
Mostofi continued: "Therefore, to control the inflation that we are probably facing, we must complete development projects and boost competitive production and increase exports so that we can have a stable economy." To date, we have only talked about this, but the fact is that without these cases, it is not possible to reduce inflation. In 2016, with the signing of Borjam, it was said that economic growth and inflation have been controlled, but if this really happened, why did it not last? The reason was that this increase in economic growth and the decrease in inflation did not have a fundamental basis, but the sale of oil increased from 1 million barrels per day to 2.5 million barrels per day. So the economic growth we are talking about has not been healthy economic growth.
