Payment of cash subsidy from the place of borrowing from banks

Payment of cash subsidy from the place of borrowing from banks

Mohammad Hossein Adeeb

Ahmadinejad planned to pay cash subsidy to the people, it should be checked from where the cash subsidy has been paid so far?

Cash subsidy is paid by borrowing from banks

According to the report of the Majlis Research Center, the debt of the oil and gas sector to the banking system is as follows. :

1- National Oil Company’s debt to the central bank and banks: 34 billion dollars

2- Debt for foreign exchange bonds: 2 billion and 500 million euros

3- The debt for partnership bonds is 11 thousand billion tomans equivalent to nearly 3 billion dollars

4- The total debt of the National Oil Company: 40 billion dollars

Five – At the price of 24 thousand tomans per dollar, the oil and gas sector has a debt of 960 thousand billion tomans

6-70 percent of this debt was created in 1990, 1991 and the first half of 1992, that is, during the Ahmadinejad era.

7- Rouhani did not pay Ahmadinejad’s debt and continuously extended it with the approval of the parliament

8- Every year, the Rouhani government gives a note to the parliament along with the budget to extend the debt of the oil and gas sector to the banking system for three years, and when the three years are over, it is extended again for three years in the form of a budget note.

No – if they have received an average of 65 million cash subsidies for 11 years; The total amount of cash subsidy since 1989 is 386 thousand billion tomans; So far, people have received 386 thousand billion tomans in cash subsidies

Ten – with 24 thousand tomans to the dollar, the oil and gas sector has 960 thousand billion tomans in outstanding debt, which it does not pay with the approval of the parliament.

Conclusion: The cash subsidy should not have been paid, what was paid under the title of cash subsidy should have been used to pay the debts of the oil and gas sector.

They give cash subsidies through borrowing that they don’t even pay

The oil and gas sector has an outstanding debt of 960 thousand billion tomans, and Ahmadinejad is responsible for 70% of it, that is, Ahmadinejad is responsible for 672 thousand billion tomans of debt, which is now on the table and must be paid.

According to Dr. Hosseini, the Minister of Economy of the Ahmadinejad government, the government was managed with 104 thousand billion Tomans in 2019

Ahmadinejad ran the government with 104 thousand tomans a year and left a debt of 672 thousand billion tomans at today’s prices and left, which means he ate up the income of the next governments for more than 6 years.

Ahmadinejad who ruled the country for six years by the government; He has left a debt, now he wants to give a cash subsidy of 2.5 million tomans a month

Advance cash subsidy; Give a plan how to pay the 672 thousand billion tomans of your debt that is left in the hands of the nation?

According to Jahangiri, the oil revenue of the government was only 9 thousand billion tomans in 1399, and Ahmadinejad left a debt of 672 thousand billion tomans, now he wants to pay 2.5 million tomans to Iranians every month.

@adibmh

This post is written by Yazdi48