Banks bypass certain approvals

Banks bypass certain approvals
  • 2016-09-19
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Banks bypassed government approvals to reduce the benefit of the facility and act in such a way that eventually the rate of interest goes beyond the stated amount, said Majlis Education and Research Commission secretary.

According to Iran International Stone Exhibition, Hojjatoleslam Alireza Salimi stated: Banks are suffering from corporate illnesses and their allocation of facilities has not been effective and efficient and they transfer most of their facilities to their subsidiaries.

He added that while banks are circumventing government approvals, he added: "Although the interest rate on bank facilities is 18%, but because banks keep part of the lending facility as a deposit, the actual interest on the facility is twenty. It reaches four percent.

The first secretary of the Parliamentary Committee on Education and Research continued: Banks of the country do not support domestic production, while in order to support production, the interest rate of the facility should be equal to the inflation rate.

Referring to the country's recession, Salimi said, "Manufacturers cannot afford to make high profits on banking facilities, while people have become bank workers and are trying to make a profit for the banks."

He added: "There are trillions of tax evasion in the country right now and it should be avoided but on the other hand the amount of taxation from the producer should be in accordance with his conditions.

Representatives of the Neighborhoods and Parliament in the Majlis stated: Sometimes due to lack of transparency and misinformation the rights of the producers are exceeded and despite the payment of intermediate taxes, the taxpayer faces fines that must be resolved. This problem made sense.

The semiprecious stone exhibition is moving towards specialization

The first secretary of the Parliament's Education and Research Commission pointed to the holding of the International Stone Exhibition of Iran and stated that the ninth period of Iran's Exhibition of Building Stone was of a higher quality than the previous periods and the presence of the Minister of Industry, Mining and Trade and his deputies. And MPs showed this, along with the increased attendance of foreign exhibitors and businessmen.

Salimi added: "The exhibition is moving towards specialization and the country's attention is focused on this exhibition and Nimvar city as the stone capital of Iran."

He added: The increase in the presence of different stone consortiums in the Nimphar Exhibition was significant and the stone activists displayed the latest achievements of the industry in the country.

The representative of the people of Mahalat and Delijan city in the Majlis said: With the favorable order of the Minister of Industry, Mining and Commerce to consolidate the country stone exhibitions in Nimar City, if the provincial and city officials are to follow up seriously and witness this, We will be a turning point in the stone industry of the neighborhood.

Salimi added: The presence of experts in the field of stone extraction, processing and machinery in the stone quarry exhibit the entire chain of the industry, which is one of the strengths of this exhibition.

Concerning the facilitation of manufacturing sector laws, he said: A comprehensive law, called the Business Market Prosperity Act, was passed in parliament, removing the intrusive and obsolete laws related to the Majlis and still being prepared to remove unnecessary laws. has it.

"There are a number of ministerial regulations and regulations, such as tax, customs and economic regulations approved by the government, which are in force and not relevant to the constitution," he said.