TEHRAN, Iran, Aug. 21
Trend:
Iran's private sector's main request from the new government is a calm and stable market that could be achieved by a stable foreign currency rate, resolving the issue of official pricing and monetary policies that imposed heavy costs on producers, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Industry Committee.
The government should solve the issues that create obstacles for production, said Abolfazl Roghani, Trend reports citing Mehr News Agency.
"Annulling official pricing (also known as ordered pricing), solving the insurance and tax problems, and finalizing the issue of FATF-related bills, review of banking and monetary policies, and preventing a constant change in regulations are some of the private sector requests," he noted.
Private sector opinion is that following the official pricing and monetary policies the competitive power in production has diminished and caused the closure of production units or downsizing the capacity and outflow of capital from the production sector that led to an increase of commodity prices.
