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Investing in production is the key to economic growth and sustainable employment

Speaking to Mehr reporter, Farshad Ebrahimpour, referring to the importance of investing in the manufacturing sector, said: “Production is one of the most important foundations of economic development and investment in this sector can lead to economic growth and employment.” Capital must be directed to production instead of unproductive sectors.

He added that investment in production should be considered as a national priority, adding: “It is necessary to pave the way for investors to enter the field by planning and implementing support policies and one of the important steps in this field is to improve the business environment.”

The representative of the people of Izeh and Baghmalek in the Islamic Consultative Assembly continued: The elimination of excess bureaucracy and the facilitation of licensing can increase investors' motivation to enter the manufacturing sector. On the other hand, granting tax exemptions to producers can encourage investors to operate in this sector.

Ibrahimpour emphasized: On the other hand, banks and financial institutions should support small and medium -sized industries by providing long -term and low -cost facilities. The government should also support domestic producers by imposing supportive tariffs on similar imported goods.

“Economic stability is another important issue that has a significant impact on attracting capital, because investors need a stable environment, and the frequent exchange rate fluctuations and the instability of economic policies prevent capital from entering the production sector, which must remove these barriers to investors,” he said.

Representatives of the people of Izeh and Baghmalek in the Islamic Consultative Assembly stated that the private sector has a central role in the prosperity of production, stating that the government should provide a good competitive environment for the private sector by facilitating investment conditions and legal support, which has a huge impact on increasing national production.

Ibrahimpour said: Investing in the production sector and paying attention to the private sector will not only lead to economic growth, but also promote people's livelihoods and sustainable employment.

(tagstotranslate) Government Cabinet
Source:mehrnews

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