Hemmati: We weren’t profitable in attracting capital/the necessity to improve productiveness

Akbar Aziz

International Courant

In keeping with IRNA’s financial reporter, “Abdelnaser Hemmati” added in a particular information interview on Sunday night: Nations like Turkey and Saudi Arabia attracted loads of capital final 12 months.

Stating that the nation’s financial progress has not exceeded three or 4 p.c, he clarified that it’s tough to attain eight p.c financial progress.

This member of the cupboard of the 14th authorities additionally mentioned: Productiveness within the nation is near zero, our international capital to be used in manufacturing is small, and we should improve productiveness within the nation.

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The Minister of Financial Affairs and Finance famous: Now we have a plan to maneuver in direction of eight p.c progress.

Emphasizing that this 12 months is the final 12 months of financial institution possession, he mentioned: One of many causes for the dissatisfaction of banks is their possession, and subsequent 12 months the banks’ companies must be handed over.

Hemmati emphasised: Banks ought to finance tasks by way of the corporate, and the financing of the manufacturing chain is realized on the idea of credit score paperwork within the commodity change.

The Minister of Financial Affairs and Finance continued: One of many vital measures that now we have began within the Ministry of Financial system is offering financing within the manufacturing chain with the help of credit score paperwork within the commodity change.

He acknowledged: By utilizing paperwork reminiscent of “step papers”, “home LC” and “digital invoice” within the commodity change, financing of the manufacturing chain is realized.

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Hemti famous: Steadily, financial activists and traders will see that with using these credit score paperwork, good grounds have been offered for his or her financing and manufacturing progress.


Hemmati: We weren’t profitable in attracting capital/the necessity to improve productiveness

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