IBENA- 2022 budget bill is the first financial document of people's government, which is immediately after 4 years of stagnation with inflation and increasing inequality, and of course the first budget of new century has special importance, Seyed Ehsan Khandouzi, in a note on changes in next year's budget bill in Parliamentary Joint Commission, wrote.
in this government we had tried: First, reduce Operational balance deficit and in this direction, serious control of government current expenditures, especially wages, was on the agenda. This means will to curb rebellious inflation that was inherited at the same time as growth of lower wages and lower growth of higher wages. Second, 5 percent reduction in corporate tax rates, payment of part of government debt, and increase in the capital of state-owned banks, along with incentives of stock exchange industry, were phrases aimed at helping boost production. However, due to policy of detecting tax evasion, in total, tax revenue has been seen a nearly 50 percent increase over this year's performance.
Third, reduction of mandatory facilities to banking network due to balance sheet problem of most state-owned banks and reduction of budget reliance on sale of government bonds, as well as realistic increase in oil revenues, was another feature of the bill. However, Regarding some corrections, such as targeted revenue-expenditure structure in Note 14, as well as Provincial Employment and Justice Funds for Employment (Note 18), the bill failed to achieve desired pattern.
Objections of approvals of Joint Commission
approval of joint Commission of 2022 budget bill contains positive points in the economic dimension, which esteemed members of parliament should be thanked, but some economic policies have strategically changed government bill, Minister of Economy continues his note with objections of approvals of Parliamentary Joint Commission. First, changing assumptions of oil revenues in the bill (both increase in prices and increase in volume of oil exports) and increase in oil revenues related to Note 14 all mean that the budget is more dependent on oil than government bill. We must avoid returning of budget dependence on oil. One must learn from experience of fragility.
Second, increase of $ 20,000 billion in tax revenues on the bill, which has considered the highest possible income, is 20 unaccounted incomes. Third, demand for $ 130,000 billion in government stock companies to supply resources for retirement funds and its likelihood is economically continuing wrong process of Privatization based on debt relief and its negative effects on performance of firms and capital market is undeniable. The government and parliament should consider problem of retirement funds.
Fourth an increase of about 1,000 billion USD over facilities of government banks, which often has a balance sheet problem, or does not mean lack of budget homework from first day, or adds to scope of banking network problems. As a person who advocates theory of guidance of credit and I support the role of banks in line with goals of development of national economy, I did not know this method of the Iranian economy. orientation of Note 14 and 18 is also consistent in the resolution.
I hope that cooperation between government's economic team and Islamic Consultative Assembly will reduce existing weaknesses in process of approval in public parliament. first common economic document of the government and parliament provided field for fair growth with harmfulness and resistance of Iranian economy, Khandouzi wrote at the end.
