Bahaddin Hosseini Hashemi, an economist and senior monetary and banking expert, emphasized in his remarks that production growth and directing credits towards high-yield investments are the key to combating inflation and increasing the purchasing power of the people. He pointed out the current economic situation of the country, stating that only by increasing production and creating investment opportunities can we hope for an improvement in economic conditions.
The Importance of Production Growth in the Economy
Hosseini Hashemi further referred to the necessities of production growth and noted that domestic production can act as an effective factor in reducing inflation. He explained that if production increases, the supply of goods and services will also rise, which can help control prices. According to him, if we can increase production, the purchasing power of the people will also increase accordingly.
Read more: Increase in the price of the Iraqi dinar in the Tehran currency market
High-Yield Investments and Their Role in Economic Development
This economist also emphasized the importance of directing credits towards high-yield investments. He believes that the banking system should operate in a way that financial resources are directed towards projects that have high returns and significant profitability. This not only helps economic growth but can also lead to job creation and improvement in people's living conditions.
Hosseini Hashemi, pointing to the need for structural reforms in economic policies, emphasized that the government should pay attention to the fact that investments should be directed towards areas that truly need development. He also spoke of the need for coherent and precise planning in this regard, considering it a prerequisite for success in addressing economic challenges.
Challenges and Opportunities
This economic expert also referred to the challenges present in the path of production growth and investment, stating that some obstacles such as administrative bureaucracy and lack of adequate support for producers can slow down the growth process. He believes that by removing these obstacles and creating a suitable environment for investment, economic goals can be achieved.
Ultimately, Bahaddin Hosseini Hashemi emphasized that if the country wants to overcome this economic crisis, it must focus on production and investment and contribute to creating a sustainable and resilient economy. He urged officials to pay more attention to these points and take effective steps in this direction.
Read more: The supply of regulated potatoes at a new price has begun
