{"id":22278,"date":"2017-03-04T02:55:17","date_gmt":"2017-03-04T02:55:17","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/issues\/economy\/22278-shocking-remarks-by-iran-s-economy-minister-state-companies-are-behind-financial-corruption"},"modified":"2023-01-17T06:28:42","modified_gmt":"2023-01-17T05:28:42","slug":"shocking-remarks-by-iran-s-economy-minister-state-companies-are-behind-financial-corruption","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/economy\/shocking-remarks-by-iran-s-economy-minister-state-companies-are-behind-financial-corruption\/","title":{"rendered":"Shocking Remarks by Iran&#8217;s Economy Minister: State Companies Are Behind Financial Corruption"},"content":{"rendered":"<p><img decoding=\"async\" title=\"13940201132228255143224\" class=\" size-full wp-image-48209\" src=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/sites\/2\/2017\/03\/13940201132228255143224.jpg\" alt=\"13940201132228255143224\" width=\"400\" height=\"250\" srcset=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2017\/03\/13940201132228255143224.jpg 400w, https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2017\/03\/13940201132228255143224-300x188.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/p>\n<p>NCRI &#8211;\u00a0The Iranian regime\u2019s Minister of Economy acknowledged the fact that those benefiting from financial corruption, money laundering, royalty benefits and refusing to pay financial debts are against the reformation of economic structures.<\/p>\n<p>The fact that Iran\u2019s economy is dependent on oil revenues is no secret suddenly discovered by Ali Tayeb Nia, Iran\u2019s Minister of Economy and Finance. However, his remarks in the 10th annual \u201cIran\u2019s Financial and Tax Policy Conference\u201d held in Tehran University\u2019s School of Economics, reveals the Iranian economy\u2019s poor status and the opposition stances preventing the reformation of Iran\u2019s financial and tax system, according to this minister.<\/p>\n<p>The official IRNA news agency issued a report on this minister\u2019s remarks in the referred conference, discussing the interference of destructive forces whose objective is to prevent any structural reformation in Iran\u2019s economy, while this economy is dependent to revenues rendered from crude oil exports.<\/p>\n<p>Tayeb Nia referred to the period when Iran was under sanctions, when it was made crystal clear how Iran is completely dependent on oil revenues. The ups and downs seen in the price of oil practically had a destructive effect on financial accounts in the economy of those countries dependent on petrodollars.<\/p>\n<p>After eliminating the effects of oil-generated revenues, Iran\u2019s non-oil sector in the economy witnessed a growth of less than 1%. The International Monetary Fund report practically confirms Tayeb Nia\u2019s comments on the country\u2019s dependency on oil revenues.<\/p>\n<p>One of the aftereffects of an economy dependent on oil revenues is the rise of state-owned companies.<\/p>\n<p>\u201cThe existence of state-owned companies, such as renting practices, membership in board of directors, local officials hiring employees, providing the expenses of individuals\u2019 foreign trips, percentage practices and \u2026,\u201d he added.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NCRI &ndash;&nbsp;The Iranian regime&rsquo;s Minister of Economy acknowledged the fact that those benefiting from financial corruption, money laundering, royalty benefits and refusing to pay financial debts are against the reformation [&#8230;]<\/p>\n","protected":false},"author":10,"featured_media":48209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[175],"class_list":{"0":"post-22278","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-updated"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shocking Remarks by Iran&#039;s Economy Minister: State Companies Are Behind Financial Corruption - NCRI<\/title>\n<meta name=\"description\" content=\"NCRI -\u00a0The Iranian regime\u2019s Minister of Economy acknowledged the fact that those benefiting from financial corruption, money laundering, royalty benefits\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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