The Tehran Chamber of Guilds believes that people consider the national currency as a loss. The head of the Tehran Chamber of Guilds stated that almost all people have no interest in keeping the rial, both active in the economy and in businesses, as well as ordinary citizens, see the national currency as a loss. Therefore, the country’s officials should come up with a plan to ensure that the rial has a backing for at least a year. People need to be sure that the value of this currency will be preserved for at least a year, and this is also our demand in the guilds.
Hamid Rezagarpour commented on the impact of taxation on price increases of goods. One of the issues that causes prices to rise is precisely the issue of taxation. When they determine the share of taxes in the budget law, how much of the budget is supposed to be financed from taxes automatically affects the pricing of goods.
Hamid Rezagarpour commented on the impact of taxation on price increases of goods. One of the issues that causes prices to rise is precisely the issue of taxation. When they determine the share of taxes in the budget law, how much of the budget is supposed to be financed from taxes automatically affects the pricing of goods.
The head of the Tehran Guilds Chamber stated that these alarms lead to inflationary expectations. He mentioned that these inflationary expectations exist for all goods, which in turn reduces people’s purchasing power. We see that despite less than two months passing since last year, some goods have become 30 to 40 percent more expensive, and the sole reason for this is the inflationary expectations.
