Sufficient livestock input reserves used as government’s excuse for currency allocation delay

The situation of currency allocation for the import of livestock inputs is not significantly different compared to the past and is associated with delays as in the past. In such a way that usually the commodity that is available in abundance in the market, the process of allocating its currency is also longer.

For example, in the sector of goods such as flour, soybeans and corn, where we have six-month reserves, the allocation of foreign currency takes place with more delay, and the insufficient reserves have caused the government system to pay the demands of importers with great delay.

Currently, the biggest challenge for Iranian buyers is securing and paying debts to foreign merchants. Unfortunately, the product has been imported into the country for 6 months, it has been distributed in the market system, and the poultry farmer has bought it, but the central bank has not yet paid the currency to the importer. Therefore, the delay in paying the debts of the sellers is the biggest discredit that can happen to Iranian businessmen.