He said: Today's talks will focus on two pillars, namely the importance of laying the foundations for investment growth to achieve economic growth goals and the importance of financial stability for policymakers. monetary and financial.
Stressing that we will face a sharp decline in fixed capital formation, Ayazlu noted that the country's economic growth has averaged 9 percent since 1990.
The Deputy Controller of Stock Exchanges and Publishers added: Since 1990, capital formation has reached almost 50% (almost half) and its share in GDP has fallen from 40% to 18%.
He continued: If we look at the factors that shape the demand in GDP, we see that government spending and government spending do not have the proper capacity for economic growth, and the only way to achieve economic growth is through investment growth.
Ayazlou highlighted the state of foreign trade and said: the solution to make the trade balance positive and help economic growth is related to the discussion on investment, policymakers should lay the foundations and profitability of enterprises and plans should be transparent and It should be clear so investors can clearly see their rationale.
Stating that for investment we need a proper basis for economic growth, which is done by economic policy makers, he said: Clarification should be such that the inherent competitive responsibility of industries can be seen.
Stating that financial stability is one of the issues considered by global economists, Ayazlu said: A financial system can be stable when it controls fluctuations appropriately and is durable against fluctuations.
He continued: The financial market can operate in a financially stable system when financial assets are traded without significant deviations from their inherent values ​​and participants in this market act with relative confidence in the exchange of assets.
Stating that paying attention to the capital market is important in terms of economic engineering, Ayazlou continued: Sustainable development is directly linked to the development and stability of financial markets.
He believes that the Federal Reserve pays particular attention to the stock market.
Ayazlou said: Studies show that there is a relationship between the movement of the stock market and the expectations of the monetary policy maker, because the capital market is the engine of the economy and production, and the capital market has a good predictive power of economic variables. .