TEHRAN, Iran, June. 1
The devaluation of Iran`s national currency, which caused the capital of many production and economic units to be depleted, negatively affected the private sector, the chairman of the Iran Chamber of Guilds said.
For a long time, Iranian economic actors have not been able to work in peace, Saeed Mombeini said, Trend reports citing Mehr News Agency.
He noted that the devaluation of the national currency caused the capital of many production and economic units to be depleted and led the uncertainty in the market.
“The increase in the exchange rate made it impossible for many production units to face the challenges. There are various theories now as to what might happen if the devaluation of the rial is continued,” he added.
Criticizing the lack of attention to the recommendations of the Iran Chamber of Guilds, Mombeini said that Iran has 400 guilds and 7800 trade unions that have an advisory role for various executive departments, but unfortunately, their recommendations have not been taken into account so far.
Mombeini expressed hope that the Iran Chamber of Guilds will be more involved in decision-making.