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Iran, land of blossoming talents and might - Ahmadinejad Part V

Tehran, June 24, IRNA

Ahmadinejad-TV Address
President Ahmadinejad further reiterated in his live TV address, "In near future the National Statistics Center of Iran will issue a communique so that those who need to apply for subsidies would fill out forms that will be evaluated, so that with highest benefits we would leave behind the goal-orientation period of subsidies."
The head of country's Supreme Economy Council considered another problem with our economy to be the tax system, saying, "The taxes collected presently are neither balanced, nor the appropriate amount," adding, "In most countries the amount is over 20% of the gross national income, but in our country the comparative figure is 7%, most of which is paid by those with monthly salaries."
He referred to the point that many tax collecting opportunities are not properly defined, arguing, "Since we do not have a proper tax collection system, many of our citizens do not even know they have to pay taxes."
Ahmadinejad added, "The government has has devised the
comprehensive, automatic information and tax collection system, that based on proper training and sufficient information dissemination, can improve and reform the country's tax collection system." The president also referred to the status quo of the country's customs system, arguing, "One of the other problematic points of our economy is our customs system," adding, "Our Customs Organization has shrank regarding the size of its staff, but swollen larger considering the tasks and volume of commissioned works to it."
He said, "There is no connection link among the different customs offices nationwide either, which is why despite the hard work done, the problems remain unsolved."
Ahmadinejad emphasized, "We need an appropriate apparatus in order to reform our Customs Organization and the government is after solving this problem through ratification of a law."
The President referred to the country's banking system as one of the root causes of economic problems, saying, "The law on our banking operations is not defined structurally the way it should have been elaborated," adding, "The banking system is like the veins and arteries in a human body that is in charge of pumping fresh and healthy blood into every limb of the system and this system's dysfunction can lead to serious deficiencies in entire system." He emphasized that criticizing the banking system does not equal criticizing the body of country's banks, nor the management of the banks' heads, who are among the most hard working social groups, saying, "The current banking system of our country is not capable of evaluating the economic active elements and cannot calculate the real benefits that are to be paid to various economic activities." Ahmadinejad said, "The banking system does not have the time to have proper supervision over the process of economic activities; it pays loans and allocates facilities, but they are not spent where they are meant to, while paying those loans and allocation of those facilities need to be in accordance with precise regulations in order for them to reach the active economic bodies."
He reiterated, "Currently the country's banking system cannot lead the assets towards the country's economic objectives," adding, "It is possible for a small group of people to take advantage of this system illegally, but if this structure would be reformed this problem, too, would be solved."
The president posed the question, "How come under such conditions that allocation of facilities by the banking system has been increased the country's economic growth rate has not raised proportionally?" reiterating, "The government has prepared a plan to prepare the infrastructure of our country's banking system in a way that the bank managers would be capable of managing and supervising the allocated resources towards their proper usage within the framework of the Islamic economic transaction."
He said that the system of evaluating the national currency of the country is one of the effective measures in establishment of economic balance in the country, arguing, "If this evaluation would not take place the natural way it should, lots of problems would be injected to our national economy."
President Ahmadinejad added, "The rate of foreign currencies' exchange need to be managed and a certain fluctuation needs to allowed.

He said, "The government is currently in accordance with the laws trying to harness harsh fluctuation in value of our national currency, since otherwise it would keep sending wrong signals to the general body of our economy, creating economic problems for our country.

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News sent: 04:57 Tuesday June 24, 2008 Print

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