Industry and manufacturing require low-cost facilities
Board of Directors of Industry and Mining: The government must compensate for the damages caused by sanctions on the private sector and production by providing them with low-interest funding so that blood can flow into the veins of this sector and continue to survive.
Bijan Panahizadeh reported that during the years 2003 to 2011, there was an overwhelming import, due to the abundance of foreign exchange resources and revenues generated by the sale of oil barrels.
He added: "The government currently does not have much foreign exchange earnings and is unable to import at high volumes, and the high dollar price is another reason that will prevent irregular imports in the post-sanctions period."
Panahizadeh said: "The high dollar rate and the low foreign exchange earnings are an advantage that can help domestic production in the post-sanctions period, so we can allocate revenues from sanctions relief."
He said that sanctions have affected about 40% of the country's economy, but the problem of producers and industrial units is due to domestic laws and regulations that must be in place to support production.
Panahizadeh continued: "If the government repaid its debt to the banking system through sanctions relief, banks could also provide low-interest facilities to the private sector and producers, and in the post-sanctions era we could see a boom in production." To be internal.
"Domestic producers cannot compete with foreign goods because other countries have high productivity and bank support, so the cost of these goods is very low but the price is high," he said. Banking facilities and lack of support from our manufacturers have made domestic products unable to compete with imported goods.
Member of the board of directors of the House of Industry and Mines of Iran stated: If we want to import, this should be in support of intermediate goods, raw materials and machinery of up-to-date industry to see the development of domestic industry and increase the competitiveness of these units with imported goods. .
He added: "The government has to shrink itself because huge government resources are spent on the current costs of state-owned companies and there is no budget to help the private sector. But if the government does real privatization it can use its resources to help the private sector."
* ISNA
