[000:00:00;00] you can see that the long green bar is actually on the exact date that the width of four hundred is removed, june 1401. in fact , we have an increase in inflation there, but before and after the implementation of the policy, you can see that on average this monthly inflation is two and a half percent. we have finished on channel 1. i invite you to continue the economic table on the news channel. look , you are a viewer of the economy table. we will continue to see the graphs about this graph that we have explained . let's see the next graph. yes, the monthly changes

of the index. this time we see the prices of non-food goods and services before and after the implementation of the policy there is a previous graph, the green part is exactly the date of the implementation of the policy, that is, june and july 1401, which you can see, before that, the inflation that exists now, and after that, the inflation that exists on a monthly basis is almost the same , there are no significant changes. let's see the next one. the changes in income and monthly expenses of an urban household in each of the cost deciles after the preferential currency subsidy reform policy from may to july 1401. in fact, you can see that in the first to seventh deciles, the red discussion that you see is actually there is a fee and it is actually blue

income yes, now you can see that in the cost part of the first to the seventh decade, in fact, with the implementation of this policy, the income has increased less than that discussed, but from the seventh decade onwards, this issue is exactly the opposite . let's see the coefficient diagram. there is a coefficient that is actually an index that shows the explanation of wealth between different strata of society. the closer it is to zero, the better the explanation, and the closer it is to one, on the contrary, this explanation shows that there is a problem, before and after the implementation of the policy. you can see the gini coefficient in the spring of 1401 35% came to 36, it started again from 36 , first it dropped a little and then

it reached 36 again. in the gini coefficient, there is also a special change before and after . now, at least 3 months after the implementation of the policy, we do not have a report in this regard. they call it tomani, the same decision that was announced in april 2017. from now on, we have a loan of 4200 tomans, and of course we knew later that this work is not compatible with economics. however, the decision of his works was seen in the courts of the transverse disruptors of participating in the disruption of the transverse system of the country through the unauthorized sale of government securities and the reports of the court of accounts. 2 billion and 706

million dollars of securities at the government rate of 42 thousand rials. import of non-essential goods allocated to the distribution year of 42,200 tomans, more than 6 billion dollars , equivalent to 720,000 billion tomans rent between the importers, it was explained that the number of companies that during the last two and a half years for the import of basic goods was actually registered to a significant extent. an increase due to the same rent due to the allocation of 400 currency tomani year 1400 and with changes. the government decided to prevent this process according to the budget law . preferential width has caused tens of billions of dollars of capital in this country. today, everyone agrees that the issue of preferential width should be solved in some way and we should end this two-rate or multi-rate land. this was the ruling of the law and i am referring to almost all the members of the economic team in the government

. the first steps for a fair explanation of foreign exchange subsidies were made with the formulation of the 1401 budget . it is not the right way for us to dump foreign currency in the market like this. don't touch that now they are using a bunch of middlemen, and on the other hand , people's goods are getting more expensive day by day, the government must make a decision for this, and in may 1401, the first quarter will be 400 thousand tomans compared to the fourth decks and 300 after that. 1000 tomans for each person, the reform of the payment of cash subsidies led to a saving of about 2 billion dollars in the first half of 1401, according to the central government. nargase meghazi of sed and sima news agency. you are the viewer of the economy desk. i ask for your permission to

introduce the guests of the program to you. mr. mohammad rezapour ebrahimi, the head of the economic commission of the expediency council, as well as mr. mohammad amin al-rayaya, the head of the resistance economy think tank , are with us in the program studio. also, mr. hassan hassan khani is with us in our studio in qom, and we will use his speech during the program. mr. pour ebrahimi, let us be at your service , don't be tired, i am at your service, god is strong, now this policy that we talked about , the allocation of 420 tomans currency, which was changed in ardi behesht month of 1401, why was this policy implemented at all and is this allocation another 420 tomans couldn't it be continued? in the name of allah, the most gracious, the most merciful , i would like to offer my greetings to your excellency, dear honorable guests , and also our dear and honorable people all over the country.

well, in the beginning, you gave good explanations about the effects and consequences of it according to the statistics and numbers announced by the central bank and amal center . well, when the width of 420 was announced at the same time. at that time , we had this policy in the parliament because of our experience in the economy of the country. our experience showed that although in the short term, this action can solve some of the worries that caused the increase in inflation for the basic goods for the people, but in the medium and long term, its effects are definitely not only for the consumer but also for the production sectors. it will have a destructive effect on the country's foreign exchange policies and all the factors that will be involved in it, and therefore, after a period of several months, its effects slowly came to the country's economy, which you mentioned in the report, maybe

the question is this. that if these policies cannot be implemented, we will face the process, that is, the approach how should we deal with these processes ? recently, i found out that some dear ones in the 13th government announced that the rulings that were in the parliament were matters of the law. we had given the authority of the government, and that procedure was that if it wants to assign the issue of preferential width allocation to the basic hat, we agree if the way the government supervises from the time the width is allocated and the product enters the country until it is in the hands of the consumer. finally, it will be completely compatible with the price associated with it, that is, us we can't accept it. let's give people 423 the price they buy with the rate to be open to the account and based on that, a rent difference in the economy of the country can be explained. what should we do ? we gave the government the permission to allocate if it wants.

we do not oppose even in the 1401 budget, which now friends are saying in the 1402 budget and in recent years, it was the same again. between the price. the spender with the preference rate is completely a specific relationship, which is now acceptable with an error there should not be a significant difference. second , we told the government that if you cannot do this monitoring for any reason, you do not have the power and control of the market. one of the challenges that occurred in the implementation of the rate, namely the elimination of the land rate of 42 in 401 , was that mainly the measures that should have supported this policy, which sought the people's satisfaction , were unfortunately complete and the society is now giving up on it. rasim will actually talk about that now, what were the problems at that time, what

were the infrastructures that were not available, i will say this point, and we are done with this section, so this incident actually has some important consequences in the country's economy, which from our point of view , in the field of the parliament, and now as an expert's view, which now service as a negative approach , first of all, naturally, when we have a preferential rate, the demand for imports will increase drastically, the volume of imports with this rate is practically produced inside the country. the pressure creates a crisis. in the food security policies of the country, we were supposed to go for the production of these he is doing imports . it is not at all cost-effective for our producer to do this inside . there is a huge amount of corruption cases that you mentioned, now there were many reports in the sectors that we still have, which is still a major part of it. allocation of land 42 has not been resolved and its contracts are still on the ground, issues related to the discussion of increasing the amount of imports. to the re -export country, which happens in the economic field, and

practically, the goods that come at the price of land go at a free price, and it is very useful, and practically, and most importantly, despite all this, the price of the consumer with the preferential land rate that was supposed to be reached, the developer arrived at a completely different rate, and actually this policy faced a serious challenge, and finally the conclusion was that this policy should be changed, which we will explain in the next section why. it was not fully and comprehensively implemented. thank you, mr. if. it means that over time, when

you assign a preferred price to anything, and the difference between your preferred rate and the rate of your other rates increases, this causes your production in the product that you have to be more expensive. allocation of midi is not cost-effective and production will weaken over time due to your presence that's why we have some considerations regarding preferential policies. we definitely have to implement them. mr. dr. pourbramian admits that we need a lot of preferential policies. at some points, this is not the case. once, when our inflation suddenly jumps , once the rate rises. the land will increase. the government will definitely use the preferential policy to manage the market and manage the canteen . do not apply this preferential policy, mr. doctor. i will confirm your statement. this preferred approach that dr i say yes, everyone is hesitant, both the government and the parliament, but in the implementation methods, the most important issue is the preferential policies, first of all, it must

be time-bound. you cannot apply the preferential policy indefinitely. i don't want you to say, sir, this policy has 6 months and a year with an exit period , for example, after 6 months, i want to gradually adjust it, slowly withdraw from it. money for production is the basis of our preferential policies it should be completely in line with the production boom. it should be in line with supporting our production and economic prosperity , and thirdly, the difference between our exchange rates and free exchange rates should not be too much. the greater the distance, the more it has its effects, so this is about the preferential policy and the considerations of its application, so we need a business policy in the areas of the markets of the specific times, but the method of its application and its considerations must definitely be the attention of some of the experts and friends , that is why. we removed it and created this inflation

kurds and stories, these must have costs that must be covered through subsidies with other methods, but the answer of someone who says that we should not have removed the preferential width should be to the question, what if we didn't do it? what were we doing and how long could we continue such a policy? well, when we don't have an answer to this question, it means that we don't have a plan. because now this will be the next discussion because i don't know whether to enter or not sir, what should be the method of removing the preferred width, firstly, a new preferred width would not be born again, and secondly, it would support the production. we are here to serve them, mr. hassan khani, god bless you. did you hear the conversation of our two guests

, what is your opinion about this? in the name of allah, the merciful. hello, i am at your service, mr. azaribgha, and also your dear guests, as well as the honorable and honorable people of iran. i want to tell you that, well, i wanted to get into the discussion of friends, but i think one i have to make two introductions. among your statements about the g coefficient. you mentioned a point that i need to explain to you about the gini coefficient. we have three types of gini coefficient, of course, the gini coefficient is a proxy or one. there is a sign of inequality among different classes of people. we have a cost gini coefficient which you mentioned is measured through the expenses of the kurds . we have an income gini coefficient and a wealth gini coefficient. what you

mentioned is a cost gini coefficient, not a coefficient. genie related to wealth and a point about the issue of current inflation. and let me tell you about inflation shock in may 1401, due to the removal of the preferential width , we had a width of 420. it is true that it was temporary, but the effect of this removal is the effect of this permanent inflationary shock in the lives of my people. and one million tenants if it is supposed to be every year on average. 200 million tomans as a deposit has nothing to do with rent at all. 200 million tomans should be given to tenants and landlords as a housing deposit. as a result of an inflationary shock, this 200 million tomans will be on average 500 million tomans. what will happen to you?

about 300 efforts have been made for one year for the needy people , that is, the needy people of tehran, a good loan to the needy people of tehran. giving while the conditions of inflation are 50%. this effect is a lasting effect , it is not like saying that now the inflation was 12% in one month and then it was over. no, this effect of inflation will remain in people's lives and will increase the class gap between people. that hazrat agha said in the year 100 and 400 ad and in the first advice to the 13th government and also in the last few days in the advice to the 14th government that you should do whatever you want first. its justice must be continuously explained, that is, a consideration should be given, a consideration should be formed that in every

economic decision, the gap between income perceptions and budget perceptions should not increase. in our fights, what would you do instead of josh? i am in my fights with dr. purahim. the strength of the monetary base has increased. i also heard in one of his interviews 283 142 that he stated several times on august 10, 1402 that we want to object to article 234 for what the central bank wanted to do. let's implement it. my question is, mr. doctor , when you were the head of the security commission and the head of the economic commission of the parliament, why

didn't you take action to eliminate the tax in the high-income society from receiving cash subsidies, and you did not apply this article, that is , if your intention was actually a question of law. the issue of saving the government's assets is that if we act in connection with the decision for the preferential land policy, what is the effect of the inflation, and what is the other factors and approach that we should take into consideration, as you mentioned in your speech , mr. dr. it is important to note that if this if it doesn't happen, what will happen, you see

our dear people are neighbors, the government allocates between 15 and 18 billion dollars annually, sometimes even more. these resources belong to the people themselves. this dollar that comes from the sale of government oil rigs is in the budget, it belongs to the people . look at the statistics center of the central bank of retail and sales prices and its relationship with our market price. if we want a kilo of chicken, we import it let's do it, it costs a lot , we have to buy it at the international price, and we have to pay the prices of the foreign countries, we have to pay the shipping fee. in tehran , one and two-tenths of a dollar is almost enough. we want to take 28, 500, or even 30,000 tomans for 40,000

. we should deliver each kilo of chicken in iran to the people . at what price are the people buying this month? he says no, we shouldn't have done this, i want to say what is happening here now, where is this money coming from ? mr. mirkazmi, who is the vice president and head of the program organization, has reached a point. our parliament , our parliament was not looking for this government bill on november 19 , 1400, two or three months after the establishment of the 13th government, the government passed a bill to remove width 42 of this government bill . we agree, we were not basically against to delete it, on the contrary, we said that we agree with this in the 401 budget , we brought this text of the 1401 budget, we said that the government can act in two ways, one is to monitor 420

there is no problem if it reaches the people, we accept the preferential policy we accept, we accept the support of the households, but we have to agree with the government on the method , when the government gives 420 currency, people will buy the goods at the rate of the exchange center or buy the informal market here. what should we say to the people, what should we answer , how should we act, where do these resources come from, the second case, we said to the people themselves, and the difference is, ask the people themselves , what is the situation regarding many issues regarding gasoline, the statistics we have are close to 40%. the people of iran do not have any means of transportation, they are nothing they don't use fuel subsidy , they don't use gasoline, that's the difference that people in families with several cars have, they use it. we have a difference from whose pocket we give it to them. let's talk about something else, now these sources. this preferential supply that was done in the government of mr. rouhani, because it was not in the hands of the government, what did they do, the rate of 420 was left on the government's account

, from the free market at that time, at the rate of about 20,000 tomans. as the government's debt to the central bank recording 320,000, which is more than 322, about 330,000 billion tomans, the monetary base has increased over the years, but this wrong policy means that the monetary base that we have increased will cause a challenge to the country's economy, that is, we must see that what is happening to these authors of ours regarding dakam, all our efforts were to ensure that everything that happened is the basis of our payment , today we will announce it quickly if we want to make a decision for the country, it is for the whole country . i will give them per capita, based on this action will be taken in the implementation it was only a decade of lies, not three at all, this speech of mr. hassan khani, accurate information. dear

, your approach is my voice. yes, yes , i think your approach to the issue is wrong, mr. doctor. any policy you implement, if this policy has an inflationary effect, you must be responsible for its inflationary effect. i am against removing it. i don't know about 420 in the sense you are saying . i have a question. when 420 was removed, did you know what was going to happen after that or did you not know if you knew and this situation was formed and it cannot be defended in any way. our brother, a new preferential width was born again with a worse situation, so it is your fault, why did you know and apply it, you allowed the government, if

you did not know , you said that the government of the majlis is of the same opinion on removing the 420 width , no, listen to my explanation, i am telling you.

i will tell you that i have the text of the bill , and it will tell what happened in public. the prices are changing every day with this change between the preferred rate and the rate of the exchange center . it cannot happen. our suggestion is that if you cannot give the difference to the people, people should not be challenged like this, a mesh broker in the market. they should take advantage of the difference in the preference of the market rate

to take these resources out of the people's hands, my brother, when the decade and the way it was removed could not solve the following problems , or actually did not lead to the birth of a new currency, or actually could not produce it. it is good to support us, because when the width was actually preferred, what happened was that the working capital required by the producers increased almost four to five times, and this put a lot of pressure in areas such as meat, and caused our meat production to decrease after one the two years that should

actually decrease the distance between this happening it was exactly the result of that unplanned deletion. i want to say something important. i want to say that when you want to reform the price policy, whether it is in the field of foreign exchange or in the field of energy , and when this policy and its reform are based, that is, we only aim to eliminate supply, our aim is only to eliminate energy subsidies, when it is the basis of any decision you make, this decision will cost money. what should we do? you have to establish a production and industrial plan and under that plan , modify your price and preference policies, which has not been implemented. i will explain this by giving an example because it is a very important issue. after all, the new government will be a challenge with this issue, and if it wants to make a high-quality decision so that the previous issues do not occur and we do not have that story, we must

pay attention to this point. when you lay the foundation for a production and industrial program , the income will actually reach the society from the increase in production, from the increase in production, from the increase in employment , and these are the negative effects of austerity, in fact, the reform of price policies. i want to give an example, for example, in the area of ​​our preferred currency what were we doing based on this? in fact , our production plan in the field of oil chain, from rapeseed to soybean meal, which we import for chicken , and we have nearly 4 billion dollars for oil, we allocate preferential width to all of this chain. what has caused this? first of all, 50% of the capacity of our domestic oil refineries is empty and does not work due to the import of oil, which means that 50% of our production capacity in the field of oil is empty. it is not very economical to produce oilseeds in the country. we came and checked this and said if it is the supply policy

just bring a special preparation for the seed in the first stage of the discussion of oilseeds. first of all , the first thing that happens is that when you import whole grain instead of oil and flour , you only import grain at a preferential rate. you can create oil, for example , you import nearly 10 million of the flour you need , you produce it yourself, you don't need to import anymore , you also export a part of the produced flour , all the calculations are there and from the place of this policy. you can save 1 billion dollars in the allocation of preferential width, that is, 4 billion dollars, 3 billion dollars. in fact, the boom that has taken place in the industry has taken place. in fact , i am implementing a program that will reduce the amount of production . what will be the next step? the next step will be to