Parliament’s determination to eliminate 4200 currency

He stressed that there was no official incentive to remove the preferred currency, given that there was no incentive in the executive branch to remove it. But for the first time, 1,400 conservative terms have been mentioned in a note to a budget bill, according to Khandouzi, suggesting the possibility of eliminating the preferred currency. The deputy chairman of the parliament’s economic commission points out that the various parliamentary commissions, especially the economic, budget, agriculture and other commissions, strongly believe in the need to reform the existing procedure with a gradual gradient. Because if we are going to rely entirely on domestic producers to supply livestock and poultry feed and inputs, it will take time. According to him, this should have happened in 1997 and 1998, but this did not happen because the government did not have the will to eliminate the 4,200 Toman currency. In the end, he believes that a large number of deputies believe in this issue, but it remains to be seen what the budget and public relations commission will decide in the end.

Estimated budget deficit 1400

Asked what the real estimate of the budget deficit for 1400 is according to the government budget bill, Khandouzi said: “The budget deficit depends on the meaning we give to this deficit.” If the definition of budget deficit is the same as 320,000 billion tomans estimated by the Parliamentary Research Center. But if we mean the net borrowing that the government does, it will be about 198 thousand billion tomans, but it seems that the lowest estimates are 140 thousand billion tomans. Emphasizing that 190 thousand billion Tomans was included in the report of the National Audit Office, he said: “The important point is that we are at the lowest point of a 10-year trend.” In other words, from 1990 to 1400, that is, the entire 1990s, it was stated that the current revenues of the government and taxes, etc., increased 5 times, while the current expenditures of the government increased 7 times. What balances current income and current expenditure is the operating balance, and the operating balance deficit has grown 11 times over the last 10 years. That is, the deficit is about 320,000 billion tomans, 11 times the deficit in 1990. In contrast, capital and oil revenues and oil exports have quadrupled, but government construction and investment expenditures have tripled. The lowest growth for all cultivars of the 90s is due to construction costs. At the third level, which is the financial balance, government borrowing and total sales of securities and the like have increased 9 times during these 10 years. In response to this shock, Iran’s economy has shifted from oil sales to borrowing and bonds. On the other hand, the cost of repaying our bonds has increased 3.3 times compared to 1990.

Analyzing these figures, Khandouzi said: “All these trends indicate that if we want to pass the 1400 budget bill with the current situation, we will push one of the most dangerous economic decisions.” Both in terms of domestic inflation and in terms of dependence on the budget structure and the very low share of taxes, which is about 29 percent. That is, the tax effort index is close to zero. That is, if taxes were nominally increased close to the inflation rate, a higher figure would be obtained. He believes that the 1400 budget bill has been prepared without any action being taken towards sustainable incomes.

The solution to reduce costs in the 1400 budget

Asked if the costs of the 1400 budget could be reduced, Khandouzi said: “The important thing is that the total revenue-generating power of the government and the economy is much higher than this.” This capacity for sustainable revenues is not seen in the 1400 budget. It is also possible to eliminate and reduce many costs. If during the past years we could solve the problem of pension funds, this pressure of 90,000 billion tomans, which is a large number, would be reduced. Therefore, according to him, about 10% of the budget is used for funds, which has been deleted. In addition, this MP believes that if we could replace innovative methods such as the Public-Private Partnership bill with the traditional spending of unfinished and low-profit government projects, we would save about 104,000 billion tomans in next year’s budget. Been. Pointing out that the expenses of the budget bill could have been reduced, Khandouzi said: “You see that the funds are close to 100 thousand billion Tomans and the inefficient construction expenses are more than 100 thousand billion Tomans, part of the current expenses of the country Could have included a smaller number. If these three items were applied, a large part of this budget deficit of 320,000 billion Tomans announced by the Research Center or 200,000 billion Tomans announced by the Court of Accounts would be covered and there would be less possibility of inflation in next year’s budget bill.

This university professor believes that if the government wants to cover its budget deficit again in the short term, position and borrow, it is necessary to make this budget deficit conditional on the beginning of economic reforms in the country, that is, policymakers do not always wait comfortably. Make the situation so bad that it convinces all the other powers that we should continue to spend on oil and borrowing.

Using new resources in the 1400 budget

Pointing out that there are good resources that can be included in next year’s budget, Khandouzi said: “In the budget bill of 1400 surplus property sales that were assigned to banks and state-owned companies, a small amount of 15 thousand billion Tomans has been considered. It can be multiplied many times. In addition, the reorganization of state-owned companies and banks, ie 2nd and 3rd generation and its 3rd and 4th bills, as well as the implementation of CGT (tax on land and housing value added tax) – in this type of tax a percentage of “value added” Land or housing transactions are levied on the seller at the time of transfer), and property and wealth taxes, as well as a very small percentage of sales tax or value-added tax (VAT) and many other offers, can increase government revenues. In the end, he expressed the hope that by using these methods, they could convince the Joint Commission to use part of these revenue proposals in the budget bill.