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Hashem Fasran: One should not wait for the end of the war or the lifting of sanctions on economic reforms. The country's independence cannot be maintained without establishing normal economic relations with the world. Mohammad Hashem Fasran, a prominent Iranian economist and professor of economics at the University of Cambridge: structural reforms should not be postponed until the end of the war or the lifting of sanctions. To survive, the economy needs a balance between political independence and conventional economic relations with the world; Because complete isolation weakens the production capacity and supply of basic needs and endangers the resilience of the country. A system of distributing subsidies and a multi-rate currency led to a waste of resources and an increase in rent. The government should separate currency policy from livelihood support; Instead of universal distribution or preferential currency allocation, subsidies should be given directly to the needy strata based on accurate data. In addition to inflationary roots, the decline in the value of the real is affected by uncertainties, embargoes and wars. Stable control of the exchange rate is not possible with the treatment of speech, but requires a practical restraint of inflationary expectations, monetary discipline, serious supervision of the central bank on credit and prevention of diverting facilities to unproductive paths. Direct intervention of the central bank in an indiscriminate injection of limited foreign exchange reserves is considered a temporary and expensive solution. For stable stability, the rules for the return of the export currency must be clarified, and the policy maker must prevent the waste of foreign currency resources in the temporary storm of the free market with the clarity of the objectives. Removing sanctions without internal structural analyzes will never ensure sustainable prosperity. Relying on expert personnel, reforming the banking system and improving production efficiency are the main pillars for achieving sustainable growth and ensuring the true independence of the state in the context of an efficient economy. Ivna more details yes Instagram site.

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اقتصادنیوز · · Source

🇮🇷 Iran · Map

Hashem Fasran: One should not wait for the end of the war or the lifting of sanctions on economic reforms. The country's independence cannot be maintained without establishing normal economic relations with the world. Mohammad Hashem Fasran, a prominent Iranian economist and professor of economics at the University of Cambridge: structural reforms should not be postponed until the end of the war or the lifting of sanctions. To survive, the economy needs a balance between political independence and conventional economic relations with the world; Because complete isolation weakens the production capacity and supply of basic needs and endangers the resilience of the country. A system of distributing subsidies and a multi-rate currency led to a waste of resources and an increase in rent. The government should separate currency policy from livelihood support; Instead of universal distribution or preferential currency allocation, subsidies should be given directly to the needy strata based on accurate data. In addition to inflationary roots, the decline in the value of the real is affected by uncertainties, embargoes and wars. Stable control of the exchange rate is not possible with the treatment of speech, but requires a practical restraint of inflationary expectations, monetary discipline, serious supervision of the central bank on credit and prevention of diverting facilities to unproductive paths. Direct intervention of the central bank in an indiscriminate injection of limited foreign exchange reserves is considered a temporary and expensive solution. For stable stability, the rules for the return of the export currency must be clarified, and the policy maker must prevent the waste of foreign currency resources in the temporary storm of the free market with the clarity of the objectives. Removing sanctions without internal structural analyzes will never ensure sustainable prosperity. Relying on expert personnel, reforming the banking system and improving production efficiency are the main pillars for achieving sustainable growth and ensuring the true independence of the state in the context of an efficient economy. Ivna more details yes Instagram site.

Hashem Fasran: One should not wait for the end of the war or the lifting of sanctions on economic reforms. The country's independence cannot be maintained without establishing normal economic relations with the world. Mohammad Hashem Fasran, a prominent Iranian economist and professor of economics at the University of Cambridge: structural reforms should not be postponed until the end of the war or the lifting of sanctions. To survive, the economy needs a balance between political independence and conventional economic relations with the world; Because complete isolation weakens the production capacity and supply of basic needs and endangers the resilience of the country. A system of distributing subsidies and a multi-rate currency led to a waste of resources and an increase in rent. The government should separate currency policy from livelihood support; Instead of universal distribution or preferential currency allocation, subsidies should be given directly to the needy strata based on accurate data. In addition to inflationary roots, the decline in the value of the real is affected by uncertainties, embargoes and wars. Stable control of the exchange rate is not possible with the treatment of speech, but requires a practical restraint of inflationary expectations, monetary discipline, serious supervision of the central bank on credit and prevention of diverting facilities to unproductive paths. Direct intervention of the central bank in an indiscriminate injection of limited foreign exchange reserves is considered a temporary and expensive solution. For stable stability, the rules for the return of the export currency must be clarified, and the policy maker must prevent the waste of foreign currency resources in the temporary storm of the free market with the clarity of the objectives. Removing sanctions without internal structural analyzes will never ensure sustainable prosperity. Relying on expert personnel, reforming the banking system and improving production efficiency are the main pillars for achieving sustainable growth and ensuring the true independence of the state in the context of an efficient economy. Ivna more details yes Instagram site.

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