Showing posts from May, 2020

S & P did not change Turkey's credit note, made recession warning

International credit rating agency Standard and Poor's (S & P) credit rating from long-term foreign currency Turkey's "B +" and its long-term local currency credit rating from "BB-" he confirmed. "The COVID-19 epidemic will likely push the Turkish economy into recession and raise the budget deficit to around 5 percent of GDP," S&P said. On the other hand, the agency stated that by the end of 2020, public debt estimates that 34 percent of the national income will remain at a reasonable level and the government will have maneuver in terms of financial policies. That the economy in the second half toparlanacaks & P's regular calendar of the first made of the losses caused by the global economy, the agency corona virus outbreak this description also affected Turkey's economy possibility because such a step has been taken and stressed to do in the July 24 next planned releases. Due to fluctuations in foreign exchange rates and Covidi

The consequences and ways to control the economic shock of Corona

Corona is one of the few crises that has shaken both supply and demand shocks and limited both. Now the demand shock is much more important and policies should be more focused on maintaining demand and reducing demand shock. Creating money in the short term to maintain demand and help those affected by Corona can have a positive effect and few negative effects. Of course, it should be noted that this policy should continue in the short term and for the next four months at most Inflation is important, but now and in the current situation, it is not our priority and we should not worry about it. Reducing demand can have multiplier effects and must be controlled Iran's debt bond market is small and domestic. Its interest rate should be high enough to encourage people. Its competitor is the capital market. Debts can help raise funds to deal with corona, but not much We need to make sure that Corona's impact on the economy slows down in the next three months. I don't think it wi

How to make a decision in 2020 in Iran?

Economic conditions affecting personal and work life Always to make smart decisions and live, we need to know our environmental and environmental conditions properly. The more accurate our understanding of environmental issues and the conditions ahead, the better our choices will be and the more successful we will be. اn economic terms, 1399 will be a difficult year like last year. Therefore, in this year, we must continue to be precise and calculated. We suggest that you make your career and career decisions this year based on the following: 1️⃣ Continuation of high inflation means inflation of at least 30% 2️⃣ Continuation of recession throughout the year, especially in the first half of the year and reduced demand in various markets 3️⃣ Continuing the corona at least until the beginning of summer and insisting on its consequences at least until the end of summer 4️⃣ Exchange rate fluctuations and its upward trend and growth around inflation until the end of the year 5️⃣ Gentle housi

The need for change for an unknown phenomenon

These days, Corona has become a hot topic in domestic and foreign circles, and so far there have been various discussions about the economic consequences of the virus. A look at the content published in the domestic and foreign media shows that there is one thing in common. Almost none of the consequences of this virus are clear and relatively accurate, and only a series of possible probabilities and scenarios are being investigated. In the third decade of the twenty-first century, the world economy is facing new and amazing phenomena that have no estimates of its progress and the possible consequences of the recession. If the global recession hit the world in 2008, there would have been a recession in the early twentieth century and there would have been lessons to be learned. But now there is no previous experience of the economic consequences of the Crown recession. Failure to recognize the new phenomenon, which is creating a stagnant recession, has made it difficult to dea

The special decade of Iran's economy

In the memo on the disappointments of the Iranian economy, we noted that the Iranian economy is now more prepared than ever to carry out structural reforms. Despite the fact that the country's economy is in the most difficult conditions in its contemporary history, there is an opportunity for structural change to take place. The question is what is meant by structural reforms and for what purposes. Iran's economy now has super-challenges that have developed over the years, which were initially normal challenges and problems, but over time their depth and breadth have increased so much that they can be called super-challenges. Overcoming Challenges means very big and deep challenges that have far-reaching and even uneconomic implications. These challenges are also characterized by the emergence of other challenges and can be considered as the mother of the country's challenges. . Experts disagree on the number of these super challenges. In general, the problems of the b