Dr. Mohammad Hossein Farhangi, on the sidelines of a public meeting on Sunday, September 14th, told reporters about the subject of a closed meeting: “In this meeting, detailed discussions were held on the stock market and executive officials, representatives and relevant commissions presented their expert opinions;” The significant growth of the stock market from May to nearly a month ago and its sudden decline in the past month is noteworthy.
He added that the government should have made information about high-risk, medium-risk and low-risk companies available to the public so that conditions would be more stable and false growth and sudden decline would not occur; The delegates emphasized that in the field of policy-making, the government is not responsible for policy analysis but for policy-making. In this meeting, we witnessed policy analysis by executives, while the right policies must be adopted in the executive area to be effective. .
Dr. Farhangi continued by stating that issues related to the foreign exchange market were also raised in this meeting and the representatives criticized the policies that had been set in the past: In this meeting, the executive strategies of foreign exchange market management were also discussed; The Speaker emphasized that in order to manage the foreign exchange market, demand should be managed domestically, for example, in order to provide livestock and agricultural inputs and basic items and needs of the people, foreign exchange resources should be used abroad and there is no possibility of cash return. ; In this way, demand in the domestic foreign exchange market is reduced and directly affects its price.
The spokesman of the board of directors said: it was decided that in the meeting tomorrow morning, the speaker of the parliament with the heads of specialized commissions and executive officials will present more comprehensive solutions to stabilize the stock market.
He added: “Each of the parliamentary commissions has separate priorities, for example, today the parliament is considering a two-pronged plan to supply agricultural inputs, which has a great impact on the price of goods; The Civil Commission has also prepared a two-pronged plan to regulate the housing market, which will help balance prices by requiring the government to support and supply housing. The Cultural Commission is considering a plan to increase the population and the excellence of the family. In the same way, the commissions should pursue their priority axes.