June 24, 2021

Persian News

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Raeisi: 40% of Iran’s production capacity remains inactive

Presidential candidate Seyyed Ebrahim Raeisi says 40 percent of Iran’s productive capacity remains inoperative, pledging efforts to activate the dormant capacities as a solution to the country’s high unemployment rate.

At a question-and-answer TV show with the elite, Raeisi, who serves as the Judiciary chief, described production as a factor that helps the country build up power.

Raeisi said 40 percent of the country’s production capacity remains unused today.

“In the Judiciary, we activated 2,000 production units, but hundreds of others remain to get functional. We can resolve the unemployment issue through the activation of these capacities,” he said.

Raeisi said measures should be taken to protect manufactures should be protected against the banking system, which charges them with an interest rate of 35 percent for providing them with facilities, although the maximum interest rate should not exceed the 18 percent set by the Central Bank and its Commission on Money and Credit.

“We asked the administration to prevent that, but it said it could not work this out with the banks,” said Raeisi, stressing that the Central Bank should take control and impose its management on banks instead of making mere recommendations to them.

On economic obstacles to marriage

Elsewhere, Raeisi emphasized the need to seriously tackle unemployment and high housing prices, which the youth mainly blame for their failure to start families.

“I have already started the construction of housing units in [the city of] Mashhad, where 600 housing units have been built in 10 blocks for couples who are studying at university,” he said.

Raeisi had earlier pledged to build four million housing units during its four-year term as part of his agenda to address high housing prices.

‘A strong economy that stands firms against sanctions’

Raeisi said the economy should be fortified to the extent that it would be able to stand unshaken in the face of hostilities, sanctions, natural disasters, and pandemics.

“A good manager is one who gets different minds, experts, and capacities involved in the job. We need to bring together a harmonious economic team that has convergence. Things should be done on the back of consultations with experts,” Raeisi said.

The country, he said cannot be run with “factionalism and by standing on ceremony,” and a serious management was needed.”

Original News : https://presstv.com/Detail/2021/06/07/658481/Iran-presidential-election-2021-Seyyed-Ebrahim-Raeisi

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