Parl. bill to boost national production

TEHRAN, Aug. 25 (MNA) – An adviser to minister of trade, mine and industry has said 63 parliamentarians have prepared a bill to boost national production.

Ahmad Pourfallah told Mehr News that the bill would suspend all legal directives to detain, confiscate, and sale or lease of properties and other collateral documents of private firms and cooperatives for their tax debts, liabilities to social security institutions, government and private banks for 3 years beginning when the bill takes effect.

“Government’s package to emerge unscathed from the recession has addressed the majority of expectations of private sector and entrepreneurs for a way out of the current stagflation; meanwhile, 63 parliamentarians have prepared a bill to boost national production in road to Resistance Economy objectives, which seem likely to provide a path to an economic boom in the current circumstances,” he said.

“It is very important that economists preparing the draft of the government package really felt that as long as the production wheels do not move forward, no economic boom would be imagined for the country,” said the adviser to minister.

He also detailed on the Parliament’s bill to boost national production. “The proposed bill will affect production firms active since 2006 in mine, industry, export, and production sectors; however, the bill sets other 4 priorities to include firms in the bill provisions, where firms with 100 and more workers are in priority to receive the benefits,” Pourfallah told Mehr News.

“When into effect, the bill will suspend all barriers on the way of firms’ activity for 3 years. The committee operating under the bill would not take decisions on development projects; it would only decide on issues relating to firms existence and survival,” he said.

Pourfallah said that economic firms resolved after 2006 would be eligible for the provisions in the bill should they resume activity. “According to a note of the bill, Central Bank of Islamic Republic of Iran should deposit a minimum of $3.5m of National Development Fund on Bank of Sanaat & Maadan (Mine and Industry), Keshavarzi (Agriculture), Melli (National) Bank, and Sepah Bank which should be allocated to productive firms which are endorsed by Ministries of Trade, Mine and Industry, Agriculture, or Labor and Cooperatives, and the committee operating under Note 2 of the article,” Pourfallah said.

By Mehr News Agency

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