Gov’t Weighs Immediate Moves to Address Economic Woes

Government’s Economic Coordination Board on Sunday discussed immediate and effective measures to address economic problems and bring sustainable stability to the country as per the recent instructions of Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei.   
The meeting was headed by President Ebrahim Raeisi and attended by new members of the board. 
Raeisi called on all statesmen and coordination board members to act on the Leader’s advice and avoid linking economic issues to the nuclear negotiations and their outcome. 
“Decisions must be made on the basis of domestic capacities and relying on active and young workforce,” he said, President.ir reported. 
In his Saturday remarks to the new government officials on Saturday, the Leader had advised against attaching the country’s economy to sanctions lifting, stressing that plans should be made for problems on the assumption that the restrictions will continue. 
Talks are currently underway to bring the 2015 nuclear deal back to life which would lift the sanctions that the United States reimposed on Tehran after quitting the agreement three years ago. 
The Leader had also called on the new administration to avoid seeking temporary solutions and look for fundamental ways out of economic issues instead. 

Key Principle  

During the economic board meeting, the president stressed that decisions made by the government must have an annex of fairness and justice and be implemented based on this principle. 
Referring to cash subsidy handouts, he called for careful planning and management to ensure their fair distribution so that the general public, especially lower-income groups, can benefit from the scheme.
Improving the business environment and reforming the banking system are also among the responsibilities of the board, according to Raeisi. 
He stressed the need for precise implementation of Article 44 of the Constitution which divides the country’s economic system into three sectors, namely governmental, cooperative and private.
In his address to the government, the Leader had regretted lack of attention to this article which he said could have truly created a boom in the country’s economy. 
Raeisi tasked his economic team with reviewing the country’s budget and ways to improve the value of the national currency swiftly, using the experiences and opinions of experts. 
Coherence in decision-making and performance and launching systems of connection between economic sectors were among the president’s other instructions during this meeting. 
The Economic Coordination Board was also urged to take immediate and organized measures to control the forex market and inflation rates in a way that people can sense the results in their lives.