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Iranian Economy.....news and discussions

By Mitra Majeedy
YESTERDAY - 12:02 AM

Joint Chamber of Commerce to Form With Iran Next Solar Year​


The Ministry of Economy said that the formation of the joint chamber will boost economic development.

Officials within the Afghanistan Chamber of Commerce and Investment said that a joint chamber of commerce with both Afghanistan and Iran will be formed in the next solar year.


The Chamber of Commerce of Afghanistan and Iran is aiming to boost commerce between the two neighboring countries, the ACCI said.

"The executive board of the ACCI decided to establish a joint chamber of commerce. A commission has been appointed and it is working on the draft. It is almost completed. We proposed a temporary board," said Khanjan Alokozai, a member of the ACCI board.

"With the launch of this chamber, the trade and economic activities will increase. The traders from your country (Afghanistan) and our traders (Iran) will be engaged in face to face cooperation and it will increase the level of cooperation," said Taqwa Minsion, university instructor in Iran.

Meanwhile, the Ministry of Economy said that the formation of the joint chamber will boost economic development.

"The formation of a joint chamber of Afghanistan and Iran will benefit the growth of the country’s economy, and efforts will be made to improve the economic relations of Afghanistan with neighboring countries," said Abdul Latif Nazari, Deputy Minister of Economy.

"If the chambers are managed to both attract foreign investment and produce products and export them abroad, the increase of exports and attracting investments will solve two major issues, which are poverty and unemployment," said Abdul Naseer Rishtia, an economist.

Afghanistan currently has joint chambers of commerce with Pakistan, Russia, Tajikistan and Uzbekistan.

https://tolonews.com/business-182542



By Mitra Majeedy
05 MARCH 2023 - Edited: 05 MARCH 2023

Iranian Trade Center Opened in Kabul​


A major trade center, described as a permanent exhibition, sponsored by Iran was inaugurated in the presence of Islamic Emirate officials and a newly arrived Iranian delegation in Kabul on Sunday.

An Iranian delegation has also come to Kabul for the event, the Iranian govt announced.

The head of the trading center, Samana Abdullahi, said that the center will begin activities in the coming solar year 1402.

“Our presence was just to inaugurate the trade center and all of our main programs in practice will be implemented professionally in 1402 based on the needs of Afghanistan,” she said.

“This center ... will provide trade, legal and economic consultations between the companies from the republic of Iran and brotherly country Afghanistan,” said Rostayee, the trade attaché of Iran's embassy.

The acting Minister of Industry and Commerce (MoIC), Nooruddin Azizi, urged the Iranian delegation to make efforts to improve the trade facilities for the Afghan exports.
“(Featured are) Afghan commodities, particularly in the agriculture sector, including dry fruits and other products. We are trying to get good licenses for vendors of these commodities,” Azizi said.

Meanwhile, the acting head of Agriculture and Livestock, Mirwais Hajizada, said that holding such an exhibition is good for the expansion of economic relations of Afghanistan with the neighboring countries.

“Wherever the exhibition is, either in Afghanistan, Iran or Pakistan or other countries, it benefits our country. It enhances the economic relations of our country, but on condition that the imports should not be at equal level to the production inside the country,” he said.

The trade center of Iran was inaugurated at an 11-flat compound in Parwan-e-2 square in Kabul.

https://tolonews.com/index.php/business-182358

(Above link includes a video)



By Bibi Amina Hakimi, TOLOnews' Reporter
15 MARCH 2023

Acting Minister of Industry and Mines Visits Iran​


Earlier, a delegation from Iran visited Kabul and opened a permanent exhibition and trade center in Kabul.

The acting Minister of Industry and Mines is visiting Iran, where he met with the country’s officials over the enhancement of trade, economic and transit relations, a spokesman for the ministry said.

MoIC spokesman Akhundzada Absul Salam said that they are trying to increase the trade rate between Kabul and Tehran to more than $10 billion annually.

"Our trade rate will reach more than $10 billion annually," he said.

Azizi visited the Cha Bahar port and many factories and economic zones of Iran.

The Afghanistan Chamber of Agriculture, Irrigation and Livestock said that the level of imports from Iran is high.

"The Afghan traders have always had imports from Iran. There have always been imports of food materials, agricultural materials and construction materials. But Iran has never allowed exports from Afghanistan to Iran," said Mirwais Hajizada, deputy head of the chamber.

The traders believe that necessary opportunities should be facilitated between the two countries to balance trade relations.

"Afghanistan is still one of the importers of Iran products. We can provide opportunities so Iran's products can enter many other countries via Afghanistan," said Mahbobullah Mohammadi, a trader.

"We have banking problems with Iran. The money is not transacted through banks," said Khairuddin Mayel, a member of the Afghanistan Chamber of Commerce and Investment.

Earlier, a delegation from Iran visited Kabul and opened a permanent exhibition and trade center in Kabul.

Good moves by Iran..Afghanistan is a gold mine waiting to be discovered..They need oil and technology..Iran has both and we are next door
 
Despite economics blockade of Iran by US and western Europe These figures are impressive.

Non-oil exports for the past 11 months: $48.8 billion dollars.:-)

Imports for 11 months: $53.7 billion

OIL exports: assuming official figures of 1.2 million barrels per day at $80 you get a figures of $35 billion dollars but most likely higher due to undeclared oil sales.
By calculating the totals for 12 months :


TOTAL exports: $ 88 billion dollars

TOTAL imports: $58 billion

Trade Balance : +$30 billion dollars


That is impressive for a country under sanctions by US and Europe and I am not on mullah payroll..:cheers:

PS: sorry for those mama boys who now can not buy latest Iphone or laptops with the new exchange rate...suck it up buttercups..you are doomed but your country is doing fine.
UPDATE:
End of Iranian fiscal year has arrived and economic data for the past year is becoming finalized and officially announced..

Iranian non-oil exports for the year : $52.5 Billion dollars (compared to $37.5 of previous government)

Iranian unemployment: 8.2%

صادرات غیرنفتی به ۵۲.۵ میلیارد دلار رسید

صادرات غیرنفتی به ۵۲.۵ میلیارد دلار رسید

معاون وزیر صمت گفت: صادرات غیرنفتی طی سال جاری به ۵۲.۵ میلیارد دلار رسید.
به گزارش مشرق، محمدمهدی برادران امروز در نشست خبری اظهار کرد: بر اساس آمار بانک مرکزی، رشد بخشش صنعت در پاییز امسال به ۱۱.۶ درصد رسید. در مجموع هم در پاییز رشد تولید ناخالص کشور به ۵.۳ درصد رسیده است.
معاون صنایع عمومی وزیر صمت افزود: تابستان ۱۴۰۰ نرخ بیکاری ۹.۶ درصد بود اما نرخ بیکاری در پاییز امسال به ۸.۲ درصد رسید. همچنین تعداد شاغلان صنعتی در فصل پاییز ۸ میلیون و ۳۲۹ هزار نفر بوده است.
وی ادامه داد: برآورد عدد پایانی دولت قبل در مورد صادرات غیرنفتی ۳۷.۵ میلیارد دلار بود اما این عدد امسال به ۵۲.۵ میلیارد دلار می‌رسد.
برادران افزود: شاخص مدیران خرید (عدد کمتر از ۵۰ نشانه رکود است) در بهمن ماه نیز نشان می‌دهد که بیشترین رشد برای صنعت نساجی با ۶۵.۳ درصد بود. گروه ماشین سازی و لوازم خانگی با ۶۴.۹ درصد در رده بعدی قرار دارد. همچنین شاخص چوب و کاغذ ۵۶.۷ درصد بوده است.
معاون وزیر صمت گفت: در حوزه رشد شاخص تولید و فروش نیز رشد ۱۰ ماهه مجموع گروه صنعت به ترتیب ۱۱.۵ درصد (تولید) و ۸ درصد (فروش) بوده است.
برادران تصریح کرد: بعد از همت جمعی صنعتگران، تعامل مجموع دولت با اصحاب صنعت و ارتباط با انجمن‌های تخصصی از جمله دلایل رشد تولید بوده است. همچنین توجه به نوآوری و صنایع جدید نیز از دیگر دلایل رشد بود.
وی افزود: با توجه به چارت قبلی وزارت صمت که فقط یک معاونت صنایع وجود داشت، ۸۵ درصد تمرکز مدیران قبلی بر صنعت خودرو بود و سایر صنایع مورد بی توجهی قرار گرفته بودند. اما در ساختار جدید برای صنایع مختلف دفاتر مختلف دایر کردیم.
برادران ادامه داد: تسهیل واردات مواد اولیه، تسهیل صادرات، اصلاح نظام بازار، شفافیت و مبارزه با قاچاق کالا نیز از دیگر دلایل رشد تولید بوده است.
معاون وزیر صمت اضافه کرد: بر اساس نظرات صنعتگران موانعی هم بر سر راه تولید قرار داشت که از جمله آنها می‌توان به تکانه‌های ناشی از رشد نرخ ارز، مشکلات بانکی، تورم، نظام تأمین اجتماعی و زیر ساختها اشاره کرد.
 
Good moves by Iran..Afghanistan is a gold mine waiting to be discovered..They need oil and technology..Iran has both and we are next door
Fully agree, and ALOt seems to be happening quietly but progressively between Iran and Afghanistan.

This is a HUGE win for Iran now, and you might wonder why? well this tightening of relations in the economic spheres between Afghanistan and Iran is because Iran played the Afghan war smart, and Pakistan DIDNT.

At the start of the Afghan war, Pakistan was seen in Afghanistan as a real friend, and Iran was seen as untrustworthy, but post Afghan war, its reversed- Iran is trusted by the Taliban more than Pakistan is. Plus Pakistan is broke, so it cant take advantage today of trade with Afghanistan, which probably requires investments/FDI and some potential risks.

Great job Iran, Chabahar and the railnetwork to the Afghan border is starting to pay dividends, and Afghanistan just cant do without it, it doesnt want to rely more or trade with Pakistan.
 
The world is finally waking up. God willing, the west's addiction to sanctions will be their downfall:

Indonesians urged to abandon Western payment systems​

The sweeping sanctions on Russia show that Visa and Mastercard could become a problem, President Joko Widodo warns
Indonesians urged to abandon Western payment systems

FILE PHOTO: Russian Foreign Minister Sergey Lavrov greeted by the President of the Indonesian Republic Joko Widodo at the G20 Summit in Nusa Dua, November 15, 2022 © Leon Neal / Getty Images
The leader of Indonesia says the country must reduce its dependence on foreign payment systems to negate potentially disastrous economic consequences should the country ever find itself in the crosshairs of Western sanctions.
Addressing a business forum in Jakarta this week, President Joko Widodo argued that Indonesia must shield itself from geopolitical disruptions, citing the sanctions attack on Russia’s financial sector by the US, EU, and their allies over the conflict in Ukraine.
“Be very careful. We must remember the sanctions imposed by the US on Russia. Visa and Mastercard could be a problem,” Widodo said on Wednesday at a gathering that promoted the use of Indonesian-made products and services.
Last year, Indonesia rolled out a Domestic Government Credit Card (KKP) program to facilitate transactions between the central and regional governments. The president urged the public sector to adopt this and other domestic systems, stressing that eventually “everyone should be able to use” locally-issued bank cards so that “we can be independent.”
“If we use our own platforms, and everybody is using them, from ministries and local administrations to municipal governments, then we can be more secure,”
Widodo said, according to the Jakarta Post.
Cuba accepts Russian payment system READ MORE: Cuba accepts Russian payment system
However, in order to compete with Visa and Mastercard, any domestic alternative must be accepted internationally, experts cited by the Post said, expressing doubt that local providers are ready for costly investments in infrastructure upgrades.
Indonesia’s domestic interbank system, GPN, currently supports only local debit cards and requires some adjustments to properly serve credit cards and international transactions, Indonesian Credit Card Association (AKKI) executive director Steve Marta told CNBC Indonesia on Saturday.
Indonesia is a major economy, ranked seventh in the world with $4.37 trillion GDP based on purchasing power parity.
Moscow rolled out its own national card system, Mir, soon after the US first targeted the country with sanctions in 2014, and prepared the internal National Payment Card System (NSPK) to smoothly take over all Visa and Mastercard transactions should the companies pull the plug.
Western banking crisis cannot spread to Russia – central bank READ MORE: Western banking crisis cannot spread to Russia – central bank
Last year, as Moscow was hit by further sanctions in response to its military operation in Ukraine, international payment systems indeed halted their services, but locally issued Western cards continued to work within the country via the NSPK. While these cards can no longer be used internationally, their expiration dates were extended indefinitely to give users enough time to comfortably migrate to the Mir system.
Russia also has its own financial messaging system, SPFS, which ensures transactions between banks both inside and outside the country, and acts as a substitute for SWIFT, which blocked many sanctioned Russian banks.
 
I be planting my vegetable garden soon and I will buy some of this fertilizer stuff.

Iran becomes world's 11th top chemical fertilizer exporter..$1.8 billion dollars​

 

Shanghai imports first batch of Iranian orange by air

By Global Times Published: Mar 20, 2023 01:36 PM
An Iranian vendor places fruites in a market on March 15, 2023. Photo: VCG

An Iranian vendor places fruites in a market on March 15, 2023. Photo: VCG
The first batch of 1,780-kilogram oranges originated in Iran was imported to China by air via Shanghai Pudong International Airport, Chinese media outlet thepaper.cn reported on Sunday citing Shanghai Customs, as the two countries further expand bilateral trade in agricultural products sector.

In order to keep oranges fresh, Shanghai Customs has implemented series of convenient clearance procedure. All of the oranges have left the Pudong International Airport at 2 pm on Saturday, and will soon be put on shelves for Chinese consumers while ensuring biosafety and food safety.

China's General Administration of Customs (GAC) on August 31, 2022 signed an agreement with the Iranian Ministry of Agriculture on allowing the import of Iranian oranges to China, the first fruit import agreement between the two countries.

In addition, Iranian apples have been allowed to be imported to China according to the latest bilateral agreement signed on February 21, 2023.

Iran's agricultural output value accounts for 12 percent of its GDP. The annual output of Iranian oranges is about 5.5 million tons, among the top 10 places worldwide, according to the report.

The trade volume between China and Iran in 2022 reached $15.8 billion, up seven percent year-on-year, [with export volume from China to Iran reached $9.44 billion,] increased by 14.3 percent year-on-year, GAC data showed.

Global Times
 
Golden Analysis :




 
Recent interview of Shargh ( sharghdaily.com ) with Mr Salehi Isfahani has interesting points .

Salehi-esfahani.jpg


ونزوئلا، سوریه یا پاکستان؟ ... اقتصاد ایران به کجا می‌رود؟ این پرسش مدت‌هاست ذهن ایرانیان زیادی را درگیر کرده است. ایرانیانی که مدام با رکوردهای تازه قیمت‌ها مواجه می‌شوند و حالا دولت می‌گوید شاید چند صفر اسکناس‌های رایج را حذف کند تا خواندن اعداد راحت‌تر شود! جواد صالحی‌اصفهانی، اقتصاددان، دانش‌آموخته هاروارد و استاد دانشگاه پلی‌تکنیک ویرجینیا در آمریکا معتقد است که اقتصاد ایران گرفتار شرایط غیرعادی شده و در بزنگاهی است که می‌تواند به سمت شرایط خطرناک تغییر مسیر دهد. توصیف او از اقتصاد ایران، اتاق تاریکی است که درِ خروج آن گم شده و هر حرکتی غیرممکن است. این اقتصاددان برجسته به «شرق» می‌گوید که وضعیت اقتصاد، برای ایرانی‌ها یک زندگی غیرعادی و سوررئالیسم را رقم زده است و خروج از این وضعیت به‌سادگی ممکن نیست.

Well having multiple currency and currency rates in your market is always problematic. I'm not talking about exchange rate of USD for now. for example we have Rial (official) then there is Toman (Rial/10) then there is Toman of Bazar (Rial/10000) and 1 Hemmat ( which is 1/3 of 1 Babak Zanjani !).I know we can't do much about Hemmat and Babak but solving issues of other three should be no brainer.


‌بااین‌حال، ممکن است احساس مردم در این زمینه با برداشت اقتصاددانان متفاوت باشد. علت چیست؟


نمی‌دانم چند درصد اقتصاددانان با این حرف من موافق هستند اما شکی نیست که در بعضی زمینه‌ها تفاوت آشکاری بین آموزه‌های علم اقتصاد و اعتقادات مردم عادی وجود دارد. علت این است که مردم عموما درک درستی از متغیرهای اقتصادی ندارند. مثلا بعضی‌ می‌گویند تورم ۵۰ درصد بالا رفت و قدرت خرید مردم به همان اندازه کاهش یافت و تعداد فقرا چند برابر شد. این در حالی است که ممکن است تورم ۵۰ درصد بالا برود و دستمزد هم ۵۰ درصد بالا برود؛ بنابراین با این وضعیت دیگر آن حرف معنا ندارد. یا درباره مفهومی به نام ارزش پول ملی بحث‌های زیادی مطرح می‌شود. این در حالی است که ارزش پول ملی به تنهایی، بی‌معنی است و فقط در مقابل خرید کالا معنی می‌دهد، نه در مقایسه با پول‌های دیگر. یعنی ما نمی‌توانیم بگوییم چون در سال 2002 واحد پول ایتالیا از لیر به یورو تغییر کرد و به جای 2200 واحد به تقریبا یک کاهش داشت ، پس ایتالیایی‌ها خوشبخت شدند یا چون ارزش پوند مقابل دلار 10 برابر سوئدی‌هاست، درآمد دارند. بعضی کشورها سعی می‌کنند ارزش پول ملی خود را پایین بیاورند تا صادراتشان رشد کند. اصولا کشورها سعی نمی‌کنند ارزش پول ملی خود را بالا ببرند.

I also agree with this one but there is a one simple problem with it and it's elderly people and the ones that are out of their working days.acts like this has moral and justice issues.


‌دولت تا کجا می‌تواند به چاپ پول ادامه دهد؟


چاپ پول در کل سرانجام خوبی ندارد؛ چون بی‌ثباتی اقتصاد را افزایش می‌دهد و در نهایت نرخ بی‌کاری هم بالا می‌رود. در این مورد اختلاف نظر زیادی بین اقتصاددانان نیست. آن جایی که اختلاف نظر هست در علت شروع تورم است و اینکه حتی در مقابله با تورم ناشی از فشار هزینه‌ای هم باید نرخ رشد نقدینگی را پایین نگه داشت. این تفاوت تا حدی مربوط به مقایسه و ضرر افزایش نرخ بی‌کاری و ضرر تورم بالا است.


من در گروه اقتصاددانانی هستم که معتقدند ضرر نرخ بالای بی‌کاری به‌مراتب بیشتر از ضرر نرخ تورم است و به همین دلیل هم با جمع کردن این دو نرخ و تعریف شاخصی به نام شاخص فلاکت مخالفم.

در حقیقت تورمی که از ۳۰ به ۴۰ می‌رود، با نرخ بی‌کاری که از ۱۰ به ۲۰ می‌رود ماهیت بسیار متفاوتی دارد و نمی‌شود دو شاخص با ماهیت متفاوت را اینطور کنار هم گذاشت. ممکن است که تورم، قدرت خرید فیش حقوقی افرادی را کاهش دهد، ولی افزایش نرخ بی‌کاری فیش حقوقی عده‌ای را به کلی قطع می‌کند.
Few days ago government here banned publishing info about immigration so solving issue of unemployment imposed heavy price on future of our society.


‌نکته اینجاست که روند خروج سرمایه از ایران نگران‌کننده است. با این وضعیت و در غیاب سرمایه‌گذار خارجی، چگونه می‌توان به رشد اقتصادی رسید؟


خروج سرمایه مسئله جدی و خطرناکی برای اقتصاد ایران است و با بی‌ثباتی اقتصادی رابطه تنگاتنگی دارد.


خروج سرمایه برای کشوری که تحریم است و سرمایه‌گذاری خارجی ندارد و از طرفی هم درآمد نفتی آن با مشکل مواجه شده است، وضعیت بدی رقم می‌زند.


در حال حاضر فکر می‌کنم میزان سرمایه‌گذاری در ایران به ۱۵ درصد تولید ملی رسیده که شرایط را به استهلاک زیر‌ساخت‌ها می‌رساند و سرمایه موجود هم کافی نیست، معنای آن این است که پل و جاده‌ای که خراب می‌شود، خراب می‌ماند، تولید گاز و برق با نیاز جمعیت تناسب ندارد و قطع می‌شود و آبی که به حد نیاز تصفیه نمی‌شود و... .


بدون شک خروج سرمایه از ایران خیلی مهم است و دولت باید برای این چالش تمهیدی داشته باشد، اما باید تأکید کنم که خروج سرمایه تنها به صورت مادی نیست و خروج سرمایه انسانی بسیار اهمیت دارد. وقتی فرض کنیم سیستم آموزشی کشور مهندسی زبده را تربیت کرده که از هر هزار نفر یک نفر به مهارت و تخصص او می‌رسد، زیان خروج او از کشور بسیار زیادتر از خروج پول است. ضمن اینکه خروج این افراد ناامیدی ایجاد می‌کند و افراد دچار این ذهنیت می‌شوند که کار و فعالیت در کشور فایده‌ای ندارد و متأسفانه در ایران این دیدگاه بسیار رایج است که آینده افراد در خارج از کشور است. این‌گونه نمی‌شود کشور را اداره کرد و فرار سرمایه علمی و انسانی خسارت بزرگی است.


در‌واقع من اعتقاد دارم تشدید خروج سرمایه از ایران بیشتر به دلیل شرایط اجتماعی است.​


در حال حاضر جوانان ایران پاسخ هیچ‌کدام از این پرسش‌ها را به درستی نمی‌دانند.

در لایه‌های بالاتر تولیدکننده و تاجر و حتی دولت هم چشم‌انداز را نمی‌داند. شما می‌بینید که ناگهان قیمت گوشت یا روغن دو برابر می‌شود!

من علت آن را می‌فهمم و می‌دانم که چرا قیمت گوشت جهش می‌کند؛ چون اگر من هم ذخایر گوشت داشتم و می‌دیدم دلار ۶۰ هزار تومان شده، زنگ می‌زدم و می‌گفتم هیچ گوشتی از انبار خارج نشود تا ببینیم قیمت‌ها به کجا می‌روند؟

در‌حالی‌که ممکن است آن تاجر را به جرم احتکار به زندان ببرند، اما این رفتار یک رفتار کاملا منطقی است و شما هم مثلا اگر یک خودرو یا یک تابلوی نقاشی داشته باشید، وقتی فکر می‌کنید قیمت بالا می‌رود آن را با قیمت فعلی نمی‌فروشید؛ چون افراد برای حفظ سرمایه خود راهی جز این ندارند. نمی‌توانیم انتظار داشته باشیم مردم بی‌تفاوت بنشینند تا سرمایه یک عمر زندگی و حاصل یک عمر تلاششان، یک‌شبه نابود شود.


برای همین است که می‌گویم اقتصاد ایران در حال حاضر در چاله‌ای گیر کرده که درآمدن از این چاله به خصوص با ادامه تحریم‌ها کار بسیار سختی است

Mr Salehi has interesting take here but for how long can you hold your goods and not sell it to the public ? I can now show you few apartments which government ( or guys connected to it) built them in past but for some reason they did not sold them to people for like 5-10 years.

It is government which has deep pockets, people can not hold until they die !

Next issue is what will you do when government puts a permit on top of your goods and your head then make it illegal to trade it without that permit ?

They already stated that we have close to 3000-4000 of such permits.and I can assure you close to half of some of these permit holders in the market are government employees and their main jobs are not related to their permits at all :)



Full interview​
 
Russia has become the largest foreign investor in Iran over the past year, according to Iranian officials.

Ehsan Khandouzi, Iran’s finance minister, said Russia had invested $2.76bn in the country during the current financial year that ended this week, citing projects in the industrial, mining and transport sectors.

“We define our relations with Russia as strategic and we are working together in many aspects, especially economic relations,” Khandouzi told the Financial Times. “China and Russia are our two main economic partners [and] Iran is going to expand its relations with them through implementing strategic agreements.”
 

Thanks to @lydian fall for sharing full speech of Mr Khamenei in Mashhad near shrine of Imam Reza (AS) .

This place is important because it's home and support base of current president of Iran, Mr Raisy.

Timing : usually speeches of supreme leader of Iran after Nowruz and new year plays as role of that year's road map and references for important dispute challenges.

I will skip political and social topic points because it's economic thread.

I think main parts of economic view of Mr Khamenei's speech are within 42-58 min of this clip.
 
(economic parts) Mr Khamenei :
@42min "on top (of main problems) there is issue of economy of country, its due to problems of former administration of Iran ( Pahlavi era ) and some of it ( our economic problems ) has been created after revolution , some of fundamental economic problems belongs to before revolution and some belongs to after it "

"maybe it could be said that our biggest economic problem is (because of ) governmental ownership (of economy) "

@43 min " during decade of 60 (~1981-1991) our main focus was on this issue that we (should) give away key of country's economy to the government and it damaged our economy.we did it and it belongs to us.may be our main economic weakness (achilles heel) is extreme ownership of the government.whenever people will remain in sidelines (of economic activities) then big jobs, big companies,wealth creating productions will remain on hands of gov and it will not goes to the active economic minded of people it will generates these sort of issues that we will see today, our biggest economic problem is ownership of government in economy"

"we , with the help of different advisers worked on this issue on (what later became known as)
article 44 of constitution.main objective of said article was based on that we (should) give the required economic activities of people to the people, of course there are some sections that either people wont go toward them or it should be in the hands of government put these things aside , the main parts of economy should be in the hands of people."

@45 min " we said it time and time that government companies and what (people call it khosolati) is called combined governmental with privately owned companies should NOT become rivals of (private) companies of people.let the people do the production,when we did it in past (referring again to decade of 1981-1991 the decade of highly governmental influence in almost everything) we did it with mindset of acquiring economic justice and it could NOT achieve economic justice.mistakenly they thought that if they put key (of economy)in hands of gov it will create economic justice but it was a mistake and it didn't created such thing.gov should have less ownership and (focus) on increasing supervision.it should decrease interference and increase supervision , they should be careful it might be one of our main weaknesses and it is what has been said to different governments that privatize(companies and economic control) it then sometimes they did it wrong that instead of (such acts or privatizations) helps people it damaged the people then it prevented (continuation) of said acts and ....

@49 "one of our main problems is related to our dependency on US dollar,we know some countries and I don't want to name (them) that the west put's heavy sanctions on them and their connection with SWIFT which is a international work mechanism of west(ern world) got disconnected then they put aside US dollar and started working with local currencies for doing export and imports and their situation became better and it is what we should do."

@53
We should make more room for presentation of more people in economy ....

@55
Our foreign trade is low ....

@56
Growth of knowledge based companies was lower than expectations...

@58
Parliaments and its influence on budget
Whenever parliament asks gov to do x and y they should make clear budget line for expenses of such demands ....



(Sorry for bad translation) :ashamed:

I couldn't find official translations so ....
 
On trade with EU
Mr Khamenei
Iran will work with Europe as long as Europe wont be follower of US in her relationship.
 
(economic parts) Mr Khamenei :
@42min "on top (of main problems) there is issue of economy of country, its due to problems of former administration of Iran ( Pahlavi era ) and some of it ( our economic problems ) has been created after revolution , some of fundamental economic problems belongs to before revolution and some belongs to after it "

"maybe it could be said that our biggest economic problem is (because of ) governmental ownership (of economy) "

@43 min " during decade of 60 (~1981-1991) our main focus was on this issue that we (should) give away key of country's economy to the government and it damaged our economy.we did it and it belongs to us.may be our main economic weakness (achilles heel) is extreme ownership of the government.whenever people will remain in sidelines (of economic activities) then big jobs, big companies,wealth creating productions will remain on hands of gov and it will not goes to the active economic minded of people it will generates these sort of issues that we will see today, our biggest economic problem is ownership of government in economy"

"we , with the help of different advisers worked on this issue on (what later became known as)
article 44 of constitution.main objective of said article was based on that we (should) give the required economic activities of people to the people, of course there are some sections that either people wont go toward them or it should be in the hands of government put these things aside , the main parts of economy should be in the hands of people."

@45 min " we said it time and time that government companies and what (people call it khosolati) is called combined governmental with privately owned companies should NOT become rivals of (private) companies of people.let the people do the production,when we did it in past (referring again to decade of 1981-1991 the decade of highly governmental influence in almost everything) we did it with mindset of acquiring economic justice and it could NOT achieve economic justice.mistakenly they thought that if they put key (of economy)in hands of gov it will create economic justice but it was a mistake and it didn't created such thing.gov should have less ownership and (focus) on increasing supervision.it should decrease interference and increase supervision , they should be careful it might be one of our main weaknesses and it is what has been said to different governments that privatize(companies and economic control) it then sometimes they did it wrong that instead of (such acts or privatizations) helps people it damaged the people then it prevented (continuation) of said acts and ....

@49 "one of our main problems is related to our dependency on US dollar,we know some countries and I don't want to name (them) that the west put's heavy sanctions on them and their connection with SWIFT which is a international work mechanism of west(ern world) got disconnected then they put aside US dollar and started working with local currencies for doing export and imports and their situation became better and it is what we should do."

@53
We should make more room for presentation of more people in economy ....

@55
Our foreign trade is low ....

@56
Growth of knowledge based companies was lower than expectations...

@58
Parliaments and its influence on budget
Whenever parliament asks gov to do x and y they should make clear budget line for expenses of such demands ....



(Sorry for bad translation) :ashamed:

I couldn't find official translations so ....
In short what SL says:
  • Private sectors should own the economy with some exempted domains
  • Government should Regulate the private sector

Excellent and rational points ...in many countries the implementations of above two points screw up the good intentions.:undecided:
 
In short what SL says:
  • Private sectors should own the economy with some exempted domains
  • Government should Regulate the private sector

Excellent and rational points ...in many countries the implementations of above two points screw up the good intentions.:undecided:
It seems Mr Khamenei just announced the best possible option :)

It's gonna be a fun year as they say it : سالی که نکوست از بهارش پیداست

First labaik ya Khamenei of private sector came from Shargh ( sharghdaily.com ) and Bahman Motors ! :partay:


Meanwhile IRIB and IRNA of gov still (at best of what we can name their actions) are acting weirdly :rolleyes:.
 
In short what SL says:
  • Private sectors should own the economy with some exempted domains
  • Government should Regulate the private sector

Excellent and rational points ...in many countries the implementations of above two points screw up the good intentions.:undecided:

Some aspects to ponder:

* The Supreme Leader spoke of transferring ownership of various but not every means of production from the government to the people. He employed this particular term multiple times, in fact he used it in place of "private sector". Which implies more than privatization per se, because economies dominated by the private sector usually feature strong concentration of capital in the hands of a token number of individuals. Case in point, the Leader highlighted how privatization did not always play out to the benefit of Iranians.

In terms of proportion of the workforce, generally a minority of less than 15% is self-employed in market economies. Examples: the highest rate in the EU belongs to Greece, where some 30% are self-employed. In Italy, Romania, Portugal and the Czech Republic however the figure's between 17% and 23% and those are upper tier countries. In Germany, which along with Italy has traditionally been renown for the dynamism of its small companies, a mere 10,5% of the workforce is self-employed. 10,7% in France and even fewer in Sweden, Denmark and the Baltic states. Everybody else in the private sector is employed by and working on behalf of some business entity.

When it comes to business owners, percentages are lower still. 9% of the adult population in the USA and 6% in Canada as of 2022.


Looking at the share of the GDP, it turns out that very few companies generate the bulk of the GDP, and passage of time has only aggravated this tendency. In the USA for instance, the revenues of the top 500 companies stood at 58% of the GDP in 1994, which after nineteen years rose to a staggering 73% in 2013.

Now here's the thing: the term people tends to refer to the broad masses, rather than to special minority groups. In other terms, the Leader's guideline in this regard will not be served if Iran merely emulates the typical market economy.

Stock markets do not offer the solution. In 2013 the top 10% of American households owned 84% to 94% of stocks, bonds, trust funds, and business equity as well as almost 80% of non-home real estate.


Cooperatives on the other hand may fit the criterion set forth in the Leader's speech. That is, shared ownership of businesses by workers and employees. This was practiced especially in the agricultural sector by former Yugoslavia.

The idea that the people (not a restricted set of capitalists) ought to be in control of production is reminiscent of Proudhonian socialism. Pierre-Joseph Proudhon, a 19th century French thinker who also delved into politics, initiated a brand of socialism distinct from Marx's theories. In fact Proudhon and Marx engaged in a well publicized dispute, reflective of the fact that socialism as early as the 19th century was subdivided into different currents - Marxians, anarcho-syndicalism, etc.

The following quote summarizes relatively well the economic model outlined by Proudhon: "Proudhon adopted the term mutualism for his brand of anarchism and socialism which involved control of the means of production by the workers. In his vision, self-employed artisans, peasants and cooperatives would trade their products on the market." De facto private ownership is thus combined with empowerment of the people, popular control over production. Something which common market economic practice does not enable, given how it systematically leads to a small minority rather than the people in general owning most of the means of production.

* The Leader reminded us of the fact that certain sectors of activity must not be removed from government control no matter what. Those who'd like to see Iranians spend the rest of their lives reimbursing debts and interests because the schools or universities they studied at are privately owned, should not feel emboldened by his eminence's speech.

* Far from resembling a manifesto of unfettered capitalism, the Supreme Leader's address clearly stresses the need for strong governmental regulation of the private sector. This is evident in the part where his eminence advocates additional regulation by the government, suggesting current levels are not enough.

Mind you, the monetarist brand of neo-classical economics dominant in Iran since the presidency of Hashemi Rafsanjani and even more so since the former Islamic left morphed into the reformist faction, represented by the likes of the Niavaran school or the Kian circle and also prevalent at institutions such as the IMF and the World Bank, does not subscribe to significant state regulation of the economy. On the contrary, they press for maximally deregulated markets. That this would lead to a further increase in economic inequalities and more hardships can be observed across the world, including in the west.

To put things into perspective:

- Does the Leader's speech preclude welfare measures such as social housing, unemployment benefits, universal healthcare etc? No, it doesn't.
- Does it preclude increased taxation of the wealthy? No.
- Does it preclude subsidies on or rationing of basic consumer goods? No.
- Does it preclude de-dollarization of the Iranian economy through state control of the exchange rate? No.

Basically the Leader's request is to lower the share of government-owned enterprises while ensuring that the people (rather than a select few capitalists) will take over. Since some 60% of companies in Iran are government-owned if I'm not mistaken - which should be about twice as much as in China, this could be reduced to around 25% or so. But, this is not synonymous with introducing an Anglo-Saxon style capitalist economy as market extremists in Iran would like to do.
 
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