آفتاب یزد

Wednesday, 08 October 2021

Aftab Yazd newspaper wrote on its political page: “While the poverty line has exceeded 11 million tomans and the weak sector of the society is being crushed under the burden of poverty, there are rumors from different corners that the capacity of Nowruz (New Year) tours (2022) destined to Europe is already full. While in our country the economic problems are still tied to political issues and the livelihood of the society is affected by sanctions, businesses have flourished and the workers’ table is getting smaller day by day. “Nevertheless, the question is that under the current economic situation, how can a part of the society still continue their luxury journeys? What will be the result of continuing such a trend? Shouldn’t the officials think about the existing class divide in the society?”

The paper has also interviewed an economist and university lecturer Seyed Morteza Afqah about the economy. He says: “This matter has several key points. The fact is that the economic situation has not improved and the majority of the people are in a bad economic condition, but such issues show the class divide that prevails in the society, which means that there are those who are in a very good situation in these very economic conditions. In Iran they are in complete prosperity and have all the facilities, and their foreign travels are always available. Another point is that contrary to what some friends in favor of free economy say to the effect that if the exchange rate rises foreign travels will decrease, now we see that despite the exchange rate being almost at its ceiling, the demand for foreign travel is still at its maximum…”

Arman Melli: Concern about Declining Investment in Iran’s Economy

On its front page, Arman Melli newspaper published an article by Mohammad Reza Khabaz, a member of parliament. He wrote: “Tehran Chamber of Commerce announced the continuation of the downward trend of new investments in the last 10 years and cited the figure of investment in 1399 (2010 -2011) at 100 thousand billion tomans, which is the lowest rate in the last decade. Assuming an annual growth of five percent from 1400 (2021 -2022) onwards, in 1413 (2034 – ۲۰۳۵) the volume of investment in Iran will return to the level in 1390 (2001). 

Investment in any country has certain conditions and the capital itself has features according to which the most important place that can attract capital is the safest country. That is, if we want to raise capital in our own country or in any other country, we must create investor and investment security and there is no need for much publicity. There are many examples in the world and it is enough to look at China 40 years ago. China today is pushing back the United States while four decades ago it was a poor country run on a socialist and state economy, but by changing its outlook, it came to the conclusion that the country could not be managed under state economy and it would bring nothing but poverty and misery. Therefore, it paved the way for foreign investment and formulated and endorsed a law to this effect.

“…. The way to attract capital in the country is to have a tranquil environment. Today some government officials are chanting the slogan of return of Iranians living abroad, which is very good … but make sure that investors do not flee the country. “Unfortunately, this summer, one thousand doctors applied to leave the country; they are truly the country’s main intellectual and human capital. When people leave the country one after another, do you expect those who left to return?!”

“… Unfortunately, investment inside the country and not foreign investment is decreasing day by day. Iranians inside the country, although they love their land and soil, but because they know that investment is not possible, they leave their homeland. The fact that Iranian money (loans) have been invested in Qatar is another thought-provoking example. An Iranian gets loans from Iranian banks and invests it in Qatari banks; what does Qatar have and we don’t. The answer is investment security. The truth is that as long as investment does not occur we will not have economic growth, we will not see inflation curbing, we will not be able to check unemployment, and none of the advantages and potentials of the country’s growth and prosperity will happen economically. 

The Iranians, who bought $70 billion in real estate in Turkey, boosted the bankrupt construction sector because they do not feel comfortable in their own country. The issue is very clear; Policymakers need to clarify their role with the country and the economy. “The countries that started and grew with us created economic tranquility  for their people.”

 

درباره‌ی persisnews

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