Credit for liquidity gap.
The "Tamanir" card faces bond liquidity challenges and incomplete coverage of companies' need for working capital.
The "production support" card is designed to facilitate companies' access to working capital; But experts believe that credit allocation alone cannot solve the liquidity problem of manufacturers.
The main challenge is the difficulty of liquidity of "Gam" bonds at the end of the production chain, their non-acceptance by some of the government agencies for regulating taxes and duties and the high cost of financing (sometimes up to 47%).
In addition to buying raw materials, companies need cash to pay wages, energy and taxes.
If the ultimate holder cannot liquidate the bond, the liquidity problem remains.
Also, insisting on bank verification limits the access of small and medium-sized organizations.
The success of this card depends on the liquidity of the bonds, the proportionality of the cost of financing with the efficiency of production and the acceptance of credit costs in the tax system; otherwise, only the form of the claims will change.
Full text.
The official channel of Donya Akhtaz newspaper.