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10th President |
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Monetary and Financial Challenges |
The next president
should make economic problems and unemployment his main concern and admit that
they cannot be solved unless through economic liberalization, import controls,
and increasing competitiveness of domestic products.
Economic
problems constitute the most important challenge to be faced by the 10th
president. The main economic challenges include inflation, unemployment,
economic instability and absence of investment incentives. Economic
instability has led to capital flight in recent years. The next president
should have and announce clear plans for solving such problems as inflation,
unemployment, economic stabilization and encouraging investment in productive
economic sectors and also explain how he is going to implement general
policies related to Article 44 of the Constitution. In addition to declaring
his plans in a totally transparent manner, the next president must also name
members of his economic team in the interval remained before inauguration of
the 10th president.
Those who
have been prominent figures in various economic sectors and who are
experienced with brilliant track records should be introduced as members of
the next president’s economic team. The next president should clarify his
stances on the Central Bank of Iran and explain it to experts as well as lay
people. He should clearly announce that whether he wants to continue to hold
the Central Bank in government’s hands or respect its independence and provide
suitable grounds for stabilization of the national currency, inflation and the
banking system by doing away with dictated policies which do not conform to
scientific principles. The next president should analyze about 350 billion
dollars that the country has earned through oil sales as well as gas and
non-oil exports and tell the nation what has happened to the hefty sums that
have been paid to speculators and rent-seekers on the pretext of launching
small businesses. He should clarify how much of that money has been spent on
real production in order to prevent repetition of such mistakes.
The 10th
president should take a clear position on supervisory laws of banks and offer
his solutions to prevent deviations in those laws which are the source of many
economic and social problems that are currently nagging production plants and
have made a lot of people jobless.
The
president should make decisions on huge capital that has been earned through
oil and gas and is now being used to bring prosperity to production and
agricultural sectors in China and he should offer necessary solutions to
control imports and help domestic products thrive.
The next
president should explain his solutions for reduction of unemployment and
present social problems and see whether he is able to give transparent and
true figures of what is going on in the economy or not?
The tenth
president should decide about sensitive posts like minister of economic
affairs and finance and governor of the Central Bank of Iran, and also
important issues like dissolution of specialized councils which have been
restored by the parliament’s law. He should announce his plans to solve
production and employment problems and tell us what he can do to get rid of
imports which have flooded the country. The next government should have clear
plans on social issues, democracy, human rights and civil society. The next
president should make economic problems and unemployment his main concern and
admit that they cannot be solved unless through economic liberalization,
import controls, and increasing competitiveness of domestic products. They
will be only solved after the economy is freed from politically motivated
decisions and is based on firm scientific principles through expert studies.
The next
president should take a clear stand on the implementation of Majlis laws and
the Fifth Economic Development Plan and prove his commitment to putting those
laws into force without violating them or preventing their implementation by
presenting incorrect interpretations of those laws. They should not do things
which will face parliamentarians with fait accompli and make them comply with
government’s measures.
Another important point which should be observed by the next president is to
implement laws pertaining to the Oil Stabilization Fund with due care; it is a
wealth which should be transferred to future generations. Although we use it
to solve the existing problems, but it really belongs to next generations and
should be held in reserve for the rainy day when oil prices may severely fall.
Last but not least, the next government should take advantage of academicians
in executive posts and for management of sensitive economic centers and to
take lessons from what has happened thus far to set out a correct the future
path. |