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FinancialNews
11-04-20
Iran: process of divesting state shares to be expedited
(MENAFN) The process of divesting state shares should be rushed, as said by Iranian President Hassan Rouhani ordering Iran's Finance and Economic Affairs Minister Farhad Dejpasand.
Rouhani asked Dejpasand to lay the ground in the stock market for this target quickly.
More than about USD713.8 million value of the shares of state-run firms has been transferred to the private sector during the previous Iranian calendar year, according to Iranian Finance and Economic Affairs Ministry.
Offering the shares of state-owned companies, which are planned to be privatized, will be accelerated, as Finance and economic affairs minister has previously declared.
MENAFN1104202000450000ID1100006771
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