Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:00inside the economy is happening and
00:00:03is going on. I want to make an analogy that the width of the
00:00:06fever of a patient remains. When the
00:00:10fever of a patient reaches above 37, 38,
00:00:1439, 40 degrees, a present doctor
00:00:17is never looking to outwardly bring down the fever.
00:00:21Just as in economics, no one should be looking to
00:00:24go and bring down the price of the عرض so that we can
00:00:28improve the economy of society. No, that's not how it works.
00:00:32A skilled doctor is someone who goes and removes the infection
00:00:35inside the patient's body. You
00:00:38must fight the infection
00:00:42and eliminate its root so that you can bring down the fever. You can artificially
00:00:46take a 39-degree fever and put
00:00:49it in a tub full of ice, and the fever will come down, but as
00:00:53soon as this patient takes their foot out of the tub, because the reality is that the fever
00:00:57is high, it goes up to 40 and 41 عرض. The same goes for
00:01:00the عرض. We must go and fix the structures, but
00:01:03the fundamental question is that, alright, if we want to take action
00:01:07in the structure, where should we aim?
00:01:10In an economy where more than 90% of our society's economy
00:01:13is in the hands of the government and its institutions and affiliated organizations,
00:01:17we must expect that inflation,
00:01:20meaning the imbalance that arises in
00:01:24the economy, is the result of the imbalance, the result of the imbalance that exists in
00:01:27the government's economy and in the government's budget.
00:01:36The inflation existing in our society is due to the imbalance and
00:01:39the government's budget deficit, which, Dr., so we can
00:01:42conclude that the most chronic factor of economic inflation
00:01:46in Iran is the government's own budget deficit. At least 75% of it
00:01:50is due to the government's budget deficit. Alright,
00:01:53now let's calculate this government imbalance.
00:01:57Because my approach in all my speeches and places where
00:02:01I speak is not just to point out the problems. I'm looking for solutions
00:02:04and I try to tell my friends and officials
00:02:07the solutions. Look, when
00:02:10we do root cause analysis and look at the root cause of inflation,
00:02:14we see that in the government sector, the government's imbalance
00:02:18has only two sources of income. The imbalance arises in
00:02:22the government when the government's revenues don't match its expenses.
00:02:25That's right. Alright, the government has two
00:02:29main sources of income. Schematically, it's either
00:02:32oil or taxes.
00:02:36And a government can be a strong and
00:02:39successful government if it can have stable,
00:02:42sustainable revenues for itself,
00:02:46stable and sustainable for itself and independent. When
00:02:49we look at these two sources of income, oil and taxes, you see that oil
00:02:53is not a stable and independent source of income
00:02:57that all viewers know more than we do.
00:03:00In recent decades, in recent years,
00:03:04and in recent months, it has been shown that we cannot
00:03:08rely on oil revenue. For us,
00:03:11this income is neither independent nor
00:03:14sustainable. You cannot rely on it. So we go to
00:03:18taxes. But it is our tax system that
00:03:21must be reformed so that the government can
00:03:25have good revenues. But this revenue generation by the government should not
00:03:29put pressure on the people, but rather
00:03:32boost the economy. Our tax system is not
00:03:35a suitable system and a fundamental revision
00:03:38must be made in that system. I will tell you that in the budget
00:03:42of 1405, the government's prediction for a
00:03:45budget of 525 trillion
00:03:48is that about close to 3 thousand trillion of this budget
00:03:52will be provided through taxes. Did you say that?
00:03:553 thousand trillion from
00:03:58this very tax system.
00:04:05We have fundamental flaws in our tax system. Our tax structure has
00:04:08fundamental problems, which I will give you two or three
00:04:12examples of, if you allow me. For example, suppose in
00:04:15the value-added tax system,
00:04:19which is going to be 9 to 10 percent or is being collected
00:04:22from the people, you have exempted almost 60 percent of society from
00:04:26value-added tax, and I am telling you the facts. Let
00:04:30me be frank and direct because we need to do root cause analysis. You exempted 60%,
00:04:34and those 40% who are not
00:04:38exempted usually go and collect the 60%
00:04:41from the people, but they don't pay it to the government.
00:04:45It's a vicious cycle, Dr. In this regard, or in the part, for example, let me just
00:04:49mention two or three of them, you will understand. Or in the part of the tax on
00:04:53empty and luxury houses, as you remember.
00:04:56You know what was our total collection in these 3 years?
00:05:12Let's have a collection of 6 trillion. If it's even one-tenth of it, it's 30 billion
00:05:15tomans. Yes,
00:05:19I'll say it again, 30 billion tomans compared to 6 thousand
00:05:23billion tomans that should have been collected. In our tax system for businesses,
00:05:27when you go and look there, you see that when
00:05:30I want Mr. Pezeshkian to be well informed about this matter,
00:05:33or for him to see this 3 thousand
00:05:37trillion that is in the budget. This will be available
00:05:41in a few years, because the tax
00:05:47that is determined for businesses today, when it is
00:05:51finalized, as it were,
00:05:54the taxpayers, everyone knows
00:05:58it, it goes to review, objection, dispute resolution board,
00:06:01council. This tax takes about three years. After three years
00:06:05that it is finished, two and a half to three years that it is finalized, then it takes another
00:06:09two to three years. I swear. Our tax system,
00:06:42I want to mention some figures, and I want
00:06:46our dear viewers to pay attention to this, Dr. Before you
00:06:49mention the figures, let me ask a question. Do we currently have
00:06:53conditions in our economy that truly
00:06:56make our economy reliant on taxes? Yes, I'll tell you. Look,
00:06:59we are collecting taxes.
00:07:03We are collecting taxes, but our tax collection method and
00:07:06our tax system are such
00:07:10that neither the government is satisfied, nor the people
00:07:12are satisfied, nor the industrialist is satisfied, nor the producer
00:07:16is satisfied, nor the service
00:07:19providers in the service sector. No one is satisfied with this system. This system has
00:07:23a fundamental problem, and I am surprised that the 14th government
00:07:25is currently in our tax system,
00:07:29for example, the head of our tax system is the same head
00:07:32who has been there for several previous governments. The tax
00:07:35team is the same team that was there before. The tax
00:07:39laws are also the same laws that were there before. Result.
00:07:50You don't change the coach, you don't bring in new players,
00:07:54you don't change your tactics, you don't change your laws, you don't
00:07:58change your technique, and you promise that in these 10 minutes of the game, the team that
00:08:01is two or three goals behind, you will win by five goals. That's impossible.
00:08:05We haven't seen any action in this regard.
00:08:08Before Mr. Madanizadeh became minister, even before he became minister,
00:08:14I also address him. He is a friend. We, I met him several times before he became
00:08:18minister. We had discussions with him, and he
00:08:21personally accepted the equations that I will tell
00:08:25you, that with a shift in our tax collection
00:08:28system, which I explained to him in detail, if there is time,
00:08:31I will also tell you and the viewers here, you can easily
00:08:35achieve significant achievements.
00:08:39For example, I would like to say that my proposal at that time was
00:09:22that now, in the midst of our discussion, it is also present. Your entire budget
00:09:25for the Ministry of Health was something around 1000 trillion at that time, for example,
00:09:29let's say, right? You, the Ministry of Health, with this
00:09:331000 trillion, is managing the health and treatment sector in such a way
00:09:37that almost half of the treatment costs are covered by the government and...
00:09:40If you allocate
00:09:51200 trillion out of these 5000 trillion to the Ministry of Health,
00:09:54and 300 trillion is available to you, you can
00:09:58provide free medicine and treatment. I have calculated this. These are numbers,
00:10:01these have evidence. You can even make infant formula
00:10:04free for Iranian infants. Now, Mr. Beyarshad, what kind of plan
00:10:08is this that in this era of high prices, we should collect
00:10:11additional taxes? No, other things happen here.
00:10:15I want to tell you how the system can be reformed. If you
00:10:19do this, when you make treatment free with this
00:10:221% that you are collecting, you virtually forgive 40
00:10:26of the 7 insurance premiums to the people, because out of the 7 that salary earners
00:10:30pay for insurance, four of them go for treatment. Well, that
00:10:33is forgiven. In salaries of 20 million tomans, 90% of our society
00:10:37is 20 tomans, 4 20 million tomans, 800 thousand tomans.
00:10:41You put it in their pockets per month. With 1%, you collect
00:10:45200 thousand tomans from them on salaries of 20 million, but you give them 800 tomans.
00:10:48Didn't you see? I said that 50% of the cost of
00:10:51treatment is paid by the people. Well, 50%.
00:10:55Based on evidence, 13% of Iranian people's income
00:10:59per year per month goes for treatment.
00:11:03When you make treatment free with this 1%, in salaries of 20 million
00:11:06tomans, 13 of 20 tomans, meaning 2 million 600 tomans
00:11:10here, 800 tomans and 2.6 million, 3.4 million, you give to the people.
00:11:14Then what happens next is, Mrs. Dilo,
00:11:17I want you to understand this example that I am giving
00:11:21concretely. Madani Zadeh himself has seen and confirmed this.
00:11:30And with this, you tell the Ministry of Health
00:11:33that all expenses, meaning the budget that you receive from the government's budget,
00:11:37must be removed from the expense line item. Well, that one thousand
00:11:40trillion that you remove is the entire government budget deficit
00:11:44that I said causes 75% of inflation.
00:11:47When you take the entire budget of the Ministry of Health
00:11:51out of the expense line item, suddenly you have a deficit.
00:12:25Tomans will fall after some time. Well, look, there are these
00:12:28patterns and many other patterns. Well, Dr., let me ask a question
00:12:32here. You finally gave an example of a cycle
00:12:35that is very strange why it doesn't
00:12:39occur to our economic policymakers, or if it does, why can't they implement it? This
00:12:42is a part that always comes up in these
00:12:45economic discussions that, well, what does it mean? Why didn't
00:12:49we reach it here in the government?
00:12:53But regarding the role of liquidity growth,
00:12:57there is always talk about the fact that we have too much liquidity
00:13:00in the country, too much money printing, and this has greatly expanded
00:13:03the inflationary base and similar issues.
00:13:07Does really always excessive liquidity lead to
00:13:11inflation, or does improper economic
00:13:14governance over this liquidity have a very significant impact?
00:13:17We have a very simple formula in economics that says
00:13:21that the maximum liquidity, with an increase
00:13:25in the monetary base multiplied by the money multiplier,
00:13:28the volume of liquidity in society changes.
00:13:32When you, right now, let me give you a simple
00:13:35example. We currently have something close
00:13:39to 19 thousand trillion in real
00:13:42terms, 19 thousand trillion (1 trillion is 1000
00:13:46billion tomans). We have 19 thousand trillion
00:13:49in liquidity. When you divide this by 95 billion
00:13:52dollars, roughly the country's foreign exchange income. Right now, the total
00:13:56foreign exchange income of our country, if at best, 95 19 thousand divided by
00:14:0095, you reach this 200 thousand toman dollar that
00:14:03you are at now. Well, one of the ways that
00:14:07we are discussing is that you want to
00:14:10manage the price of foreign currency.
00:14:14Well, the denominator is 95 billion dollars,
00:14:17and its issues are not in our hands, but you can make
00:14:21moves with the numerator to reduce the volume of liquidity.
00:14:25That's right. Why is the volume of liquidity
00:14:28why did that budget deficit arise? Because the bank
00:14:32is asked to print money to compensate for the budget deficit. This goes and sits in
00:14:35the numerator. That's right. You
00:14:38can, by creating proper and
00:14:42productive activities, absorb this liquidity.
00:14:45That's right. Let me say a short sentence.
00:14:49Our stock market must be reformed, not with this system that I'm talking about.
00:14:52Every thousand, every unit of
00:14:56production that goes on the stock exchange board can absorb
00:15:00liquidity by a factor of 4. That's right.
00:15:03Meaning, if we had a thousand trillion of knowledge-based activities
00:15:07that have over 1203% profit, and they could deliver,
00:15:11if we allowed them to go to the stock market, which we prevented,
00:15:14if we allowed them to go, just these knowledge-based companies would absorb
00:15:184 thousand trillion out of those 19 thousand. If the government
00:15:22guarantees these activities based on the economics of
00:15:25Iran, if the government guarantees these
00:15:29and they go on the stock exchange board, these knowledge-based companies can, with a factor
00:15:33of 10, meaning 10 thousand trillion, absorb out of those 19. But
00:15:36we have also restricted the stock market. We say that only activities are allowed to come to
00:15:40the stock market that, as it were, have worked for 3 years,
00:15:44are public companies, and have a positive balance sheet.
00:15:48This young, thoughtful graduate of Sharif and Polytechnic,
00:15:51is not a public company to go, but he has a plan, 130 degrees. We must support
00:15:55these so that they come so that
00:15:59we can make that numerator smaller. Thank you very much, Dr. We are with
00:16:02Dr. Jafar Qadri, a member of the Economic Commission of the Islamic Consultative Assembly.
00:16:05I greet you. Welcome to today's economy table.
00:16:09In the name of God, the Most Gracious, the Most Merciful. I also greet
00:16:12you, dear guests, and dear viewers,
00:16:15and wish you a good
00:16:26inflation solutions with Dr. Lavasani, and I want
00:16:30you to tell us what role sanctions, currency fluctuations,
00:16:34inflationary expectations, and similar issues
00:16:38have played in creating this inflation that we are currently
00:16:42experiencing. Well, it is clear that in these conditions where the
00:16:44country is engaged in sanctions, inflation, and limitations
00:16:48for using international financial resources,
00:16:52it is undoubtedly true that these affect
00:16:55inflation. They affect inflationary expectations
00:16:58for both aggregate supply
00:17:02and aggregate demand. But what
00:17:06should be paid more attention to in our country
00:17:09right now is that
00:17:12we must use our internal capacities. Perhaps
00:17:16some international variables
00:17:19can affect our work, and we may not have
00:17:23supervisory control over them, but we can effectively
00:17:27use the tools and levers that are in our own hands.
00:17:30As they explained, if we can
00:17:34create conditions for the entry of capital into the stock market,
00:17:38and also support non-debt
00:17:41financing tools in the country,
00:17:44and in these circumstances where people are concerned
00:17:47about preserving their purchasing power, they turn to
00:17:50real assets such as cars,
00:17:54foreign currency, coins, land, and housing. And
00:17:57precisely, most of these have no consistency or correlation with
00:18:01any productive capacities. If we have funds
00:18:05with fixed incomes or the issue of foreign currency deposits, or the issue
00:18:09of issuing foreign currency Murabaha bonds,
00:18:12or the issue of foreign currency project funds within the country, even
00:18:16rial project funds, if we launch them within the country, these
00:18:20small public capitals will enter the productive
00:18:23sectors and can develop our capacities. In terms of improving the business
00:18:26environment, if we help
00:18:29to precisely speed up the receipt
00:18:32of licenses and remove the obstacles and problems
00:18:36that exist for producers,
00:19:08some of them might have implemented it partially. It must be followed up, and the government
00:19:11must truly pursue these as a belief and conviction.
00:19:15Now, if we want to use tools and levers such as
00:19:19warnings and similar issues
00:19:22for each case, this makes
00:19:26the work a bit difficult until these
00:19:29tools and levers are precisely used
00:19:33as effective and efficient tools If governments,
00:20:02by which I don't mean a specific government, if governments don't want
00:20:05to implement these important laws, how many more years do we have to
00:20:09endure this severe inflation? Yes,
00:20:13as I mentioned, and
00:20:15this method and approaches that can, in these
00:20:19inflationary conditions, precisely absorb
00:20:21liquidity and also preserve
00:20:25people's purchasing power, and also lead
00:20:29to an increase in productive capacities. If these are not utilized,
00:20:32well, with these methods that sometimes
00:20:36themselves lead to an escalation of inflation, these may solve
00:20:40one problem, but create dozens of others. But
00:20:43we must move in a direction where, precisely in these conditions, non-debt
00:20:47financing methods are utilized.
00:20:51Dr. Qadri, please stay with us. Let's watch a report on
00:20:55the tax on speculation. One of the important laws that should have been implemented,
00:20:59but it wasn't very successful in its implementation.
00:21:03Let's see what its implementation conditions are like. Let's watch the report, and we'll be
00:21:13Don't take any tax for one house. If there are two,
00:21:16take a percentage. If there are three, a higher percentage. Four, five,
00:21:20the president means the speculators who have
00:21:24disrupted the markets and are affecting
00:21:27the normal lives of people. He has invested all his money,
00:21:30for example, when he saw the currency go up, he went and bought currency.
00:21:34It was last August when the law on speculation
00:21:37and profit tax was approved by the parliament.
00:21:41The tax system must support
00:21:44productive activities and, if necessary, prevent
00:21:48some activities that cause
00:21:50uncertainty, instability, and,
00:21:54in fact, the diversion of resources to non-productive
00:21:57sectors. The emphasis on production,
00:22:00which has been repeatedly mentioned in the words of the martyred leader,
00:22:04was that if capital is used in production, it will no longer
00:22:07go towards harmful activities
00:22:11like buying gold, buying foreign currency,
00:22:15and such. The gold, foreign currency,
00:22:18cryptocurrency, housing, and automobile markets are covered by
00:22:22this law. All over the world, they use the CGT law.
00:22:26It is a proven law. About more than, perhaps
00:22:30over 120 countries have a very important
00:22:33tax base called capital gains tax. According to
00:22:37members of parliament, this law is a tool for
00:22:40controlling inflation in markets. We, in
00:22:44fact, this law did not come to fight the rich.
00:22:47This is not a wealth tax. This is a
00:22:51speculation tax. We said that if you want to profit from this
00:22:53path and this profitability
00:22:57leads to, let's say, asset goods like
00:23:00housing and cars becoming expensive,
00:23:04you should pay more tax.
00:23:07A review of the speculation and profit tax law shows
00:23:11that only 1 to 5 percent of the economic
00:23:14society are subject to this law. The rest are exempt
00:23:18from this tax. Narges Moazzez, IRIB News Agency. and
00:23:22Sima. Yes, thank you very much to Ms.
00:23:26for preparing this report. Dr.
00:23:29Lavasani, let's go back to you.
00:23:33Every day we hear new things. For example,
00:23:36speculators have gone to the land market, they have gone to
00:23:40housing, they have gone to car dealing. One
00:23:43day they sell dollars, one day they rush to buy dollars, one day they sell
00:23:47coins, one day they buy coins, and people suffer from
00:23:50a lot of economic turmoil because not everyone has the expertise for these things,
00:23:54but their turmoil and inflationary expectations become very high.
00:23:57This law was supposed to prevent it. What happened? Look, inflation,
00:24:01the reality is that inflation is a
00:24:04penalty that you impose on consumers
00:24:08and producers. Inflation
00:24:10means this, and it is a reward that we pay
00:24:14to speculators and dealers. In the automotive sector,
00:24:16as you mentioned, when
00:24:18you look at the statistics, last year,
00:24:22our domestic car manufacturers lost about 350 trillion tomans.
00:24:26That's right. But when you
00:24:30look at the statistics, these are statistics, you find
00:24:33that car speculators made about 800 trillion
00:24:36tomans, 750 to 800 trillion tomans.
00:24:39Mr. Minister of Economy, even if he knew the laws of
00:24:43physics, this money went from one place
00:24:47to another. Right?
00:24:50We have made the
00:24:53speculation and brokerage market safe in our country
00:24:56and we are putting people's livelihoods
00:24:59in a difficult situation. In the housing sector,
00:25:02it's even worse. Look,
00:25:06I have a discussion, and it is that
00:25:09the housing prices in our country are not what they should be right now.
00:25:13Right? Let me give you a simple
00:25:17example. You can see
00:25:20right now, in the lives of people in this very city,
00:25:23someone who has a house or land gives it to a builder to build
00:25:27and sell. He is a builder. A company comes and says
00:25:31that the land is from you, free, 50% for the building
00:25:35he builds, he says 50% of the ten units he builds are yours,
00:25:3850% are for them. We all see it, right?
00:25:42A person who has 300 square meters of land
00:25:45knows how to do this and becomes the owner of 5 apartments out of 10. Mr. Government
00:25:49of the Islamic Republic, you have 1 million and 648 thousand square
00:25:53kilometers of land. You have 32 banks,
00:25:57each of which has two investment companies and a construction company.
00:26:00That makes 64 rich companies. Call them
00:26:04and tell them, "I'll give you land, come and build." In the automotive
00:26:07sector, I want to give you some very sad
00:26:11statistics about the housing sector. I'm just telling
00:26:15you the number of your real estate agencies,
00:26:19which are the engine of price increases. Their job is to say
00:26:22that we take a percentage of the transaction, whether buying or selling or renting. That means the higher
00:26:26the price goes, the more we get. The number of our real estate agencies
00:26:29is about 15 times the number of pharmacies in the country,
00:26:33and two and a half times the number of general practitioners in the country. These
00:26:36are a synergistic engine, an engine for price
00:26:40increases. There is no supervision over them. Thank you very much, Dr.
00:26:43for the very good points you made. Dr. Qadri,
00:26:46we have about a minute to hear your opinion.
00:26:49Yes, as Dr. mentioned, if we
00:26:53implement this law completely, and in fact,
00:26:57if the necessary preparations are made,
00:27:00then the goal, as mentioned,
00:27:03is not to just generate income,
00:27:07but to direct activities
00:27:11towards productive sectors. And while we must
00:27:14completely remove the obstacles and problems that exist
00:27:18in productive sectors, we must create
00:27:21obstacles in non-productive sectors so that this liquidity goes
00:27:25towards productive sectors. And exactly,
00:27:28there are concerns created in society. The goal is not
00:27:32that if someone has a conventional car or
00:27:36has enough housing, they should be taxed, or if they have enough housing,
00:27:39the main goal is to prevent speculative
00:27:42activities, and these activities are precisely covered
00:27:45in this law. Perhaps initially, the rates
00:27:48may not be effective rates. We must try to
00:27:52reform these rates gradually, but the main issue must be set in motion.
00:27:56And precisely, the government has so far tried to
00:27:59make the preparations, and naturally,
00:28:03during this period, activities have been carried out by the tax organization.
00:28:06We have received reports from our friends in the tax organization
00:28:09that this itself can direct
00:28:13many of these activities towards
00:28:16productive sectors. That is, now, in these conditions, that
00:28:20every once in a while, we go and, for example,
00:28:23at such-and-such intersection, or in Ferdowsi Square street,
00:28:27we prevent the buying and selling of foreign currency, no, then these purchases
00:28:31and sales, these
00:28:34activities, can be completely regulated,
00:28:37and exactly, all purchases and sales can be brought under
00:28:41the control and supervision of the government, and those that have a speculative
00:28:44aspect will be dealt with. Thank you very much, Dr. Qadri, I bid you
00:28:48farewell.
00:28:56it has not yet been truly implemented to be able to reform
00:28:59these behaviors. We have 10 seconds of time, sir. In the automotive
00:29:03sector, our suggestion to the government is that
00:29:06the difference between the cost of a car, whether
00:29:09imported or domestically produced,
00:29:13the cost price, and the lowest market price, should be determined
00:29:16by inquiring from judicial and expert
00:29:19legal centers every week. This difference
00:29:23should be. This law will not succeed
00:29:26because this law has announced that we will take 70%
00:29:29of the difference. This 70% means, Mr. Dealer, go and
00:29:33raise the prices as much as you want. 30% is yours, 70% is the government's.
00:29:36You must tax 100% of this so that there is no profit for speculation.
00:29:40Thank you very much, Dr. Thank you for your valuable
00:29:43points, and we hope that the economic officials will see
00:29:47them, because we can only state this, the one who has to implement it
00:30:22In the name of Allah, the Most Gracious, the Most Merciful. Hello dear viewers, following the publication of some
00:30:25content in the virtual space regarding the method of calculating
00:30:29the volume of internet packages, the Regulatory Organization
00:30:32of Radio Communications announced that the volume of internet packages has not
00:30:36decreased and no increasing coefficient is applied for calculating international
00:30:40internet consumption. This organization, in this
00:30:43announcement, asked subscribers if they have any ambiguity
00:30:46regarding the method of calculating the volume or the internet package tariff,
00:30:50to record the matter through the complaint response system at number 195
00:30:54so that it can be processed in the shortest possible time
00:30:57and the result can be announced to them.