Central Bank President Mohammad Reza Farzin announced the allocation of a 500-million-dollar credit line in a meeting and discussion with representatives of capable knowledge-based companies to develop the knowledge-based economy and meet the foreign exchange needs of these companies.

The Governor General of the Central Bank, stating that supporting knowledge-based companies is one of the priorities of the Central Bank, said: We are the defenders of knowledge-based companies because I believe that the highest level of productivity occurs in the field of knowledge, and on this basis, we have a firm determination and serious efforts to improve financial processes and facilitating the provision of facilities to knowledge-based companies.

Farzin, also refers to the full readiness for continuous interaction and cooperation with the Vice-Presidency of Science, Technology and Knowledge-Based Economy in the form of a joint committee to help solve financial challenges and define a special line of facilitation support according to the needs of knowledge-based companies, added: the understandings and approvals of the committee The Central Bank and the Vice-Presidency of Science, Technology and Knowledge-Based Economy can approve and implement a regulation containing knowledge-based problems and executive solutions to solve these problems and implement it in the form of a steering committee with the participation of other institutions, including the Ministry of Samt.

Referring to the Central Bank's serious determination to implement alternative solutions and solve the problems of currency allocation and supply to these companies, he said: In recent years, the processes of currency supply and allocation have suffered serious problems, and most of these problems are caused by unscrupulous sanctions. And also the blocking of Iran's foreign exchange sources in some countries. Based on this, the management and supply of foreign currency in the country require versions and solutions that suit these special conditions, and in this regard, we use solutions and methods that suit the needs and the existing situation to overcome the problems.

Accompanying and interacting with the central bank for financial support for knowledge-based institutions

Ruhollah Dehghani, Vice President of Science, Technology and Science-based Economy, in this meeting, considered the allocation of a 500 million dollar credit line to support knowledge-based companies as a valuable and blessing gift and added: the Central Bank and the Honorable General Directorate have a supportive and supportive view to knowledge-based companies, it is due to the nobility and recognition of this group to the importance of knowledge-based companies and serious determination in the direction of fulfilling the wishes of the wise leader of the revolution, which is to support these companies as the main drivers and drivers of the country's economy. I hope that this valuable gift for knowledge-based companies will contain worldly and hereafter blessings and fruits.

The head of the National Elites Foundation, emphasizing that the support mechanism for knowledge-based and technological companies should be different from other economic elements of the country and following the technological and elite-oriented nature of these businesses, stated: the nature of knowledge-based companies and the nature of commercial companies differ in substance. It has a major structure that needs to be modified and revised to facilitate and accelerate the processes of credit allocation, facilities and financing systems of these companies, and innovative mechanisms should be prepared according to the nature and needs of knowledge-based businesses.

Dehghani, states that many knowledge-based and technological companies that have high capabilities and effectiveness in strategic fields such as health, food and export, are suffering from serious problems and dilemmas due to the lack of appropriate support and facilitation mechanisms, adding: Knowledge-based companies and technology companies operating in the country that produce advanced, sanctioned and strategic products with the same quality and, of course, many times cheaper than imported samples, but in the face of complex, time-consuming and uncoordinated processes of allocating facilities, they remain out of the competition. Many of these companies have products and services that started from the ground and have now reached the added value of millions of dollars and can bring savings of tens of millions of dollars. They also want these products on the other side of the water, but unfortunately in our own country, they are neglected and leave the field of competition to imports and complicated administrative processes.

Vice President of Science, Technology and Knowledge-Based Economy, referring to the synergy and constructive interaction with the Central Bank to facilitate and improve the processes of allocating facilities and supports, said: This joint meeting is aimed at expressing part of the challenges and providing solutions to solve the problems of large knowledge-based companies. and the power of the country, which has a billion-dollar impact on the country's economy, have been held. This meeting also pursues another goal, which is to introduce and create a platform for interaction between the Central Bank and companies that have innovative and technological solutions that help improve the country's banking and monetary system.

Dehghani emphasized: Currently, a significant number of knowledge-based and technological companies, including fintech, are helping the country's banking system, and a large number of these companies have capabilities that can help the country's banking system and use their capacities to serve the system. Financial and banking of the country.

The vice president of science, technology and knowledge-based economy, referring to the creation of a field of interaction and cooperation between the two institutions to define a mechanism for easier use of technological capabilities in the country's banking system, added: in less than a year, knowledge-based solutions, tools and products have been developed. have done that they are transformative and did not even exist on a global scale before; Therefore, if the central bank can use these capacities. If they use it in the banking structure, we will definitely see progress and evolution in this field.

Creating new titles to support knowledge-based companies

Reza Asadi Fard, Deputy for the Development of Knowledge-Based Companies in the Vice Presidency of Science, Technology and Knowledge-Based Economy, referring to solutions in the financial and banking fields to solve the currency and Rial problems of knowledge-based and technology companies, stated: Creating a service currency heading to develop the market, cost for the opening an office abroad and marketing for export and monitoring technology, in a specific format and with the approval of the vice presidency of science and the central bank, can be the basis for solving part of the foreign exchange problems of knowledge-based companies.

Asadi Fard, referring to statistics on the status of knowledge-based companies, pointed to the role of these businesses in foreign exchange, employment and added value creation and added: more than 8,600 knowledge-based companies had sales of 400 thousand billion tomans and direct foreign exchange earnings of about one billion dollars. These companies have created employment for more than 340,000 people, especially university graduates, and while meeting the technological, advanced and industrial needs of the country, they have achieved a total of 5 billion dollars in foreign exchange savings for the country.

He added: Although 20% of companies have 80% of sales, some companies do not have high sales numbers, but they provide very strategic and key parts of the value chain of industries.

In this meeting, which was held with the presence of the vice president for science, technology and knowledge-based economy, a group of managers of large knowledge-based companies and managers of the Central Bank, while expressing and examining the problems and obstacles faced by these companies, suggestions and solutions to facilitate the process of allocation and provision of facilities of the bank was presented to knowledge-based and technological companies.

Also, several knowledge-based companies active in the field of fintech, financing and banking services introduced their capabilities in the field of improving the technology of the central bank and helping the financing and banking system of the country.

Vice Presidency of Science, Technology and Knowledge-Based Economy