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  • 04-04-20

    Iran: USD713.8 million worth of shares of state-run firms transferred to private sector

    (MENAFN) About USD713.8 million worth of the shares of state-run firms has been transported to the private sector in the past Iranian calendar year, according to Iranian Finance and Economic Affairs Ministry.


    Providing the shares of state-owned firms, which are planned to be transferred, will be sped up, as said by Finance and Economic Affairs Minister Farhad Dejpasand.


    The government should improve its policies and approaches of setting the prices and transferring the shares in the process of transfer, Farhad Dejpasand said.


    In Iran, execution of transfer plan aimed at more productivity, investment making, job creation, promotion of trade balance, more competition in domestic economy, and dropping financial and management burden on the government has been under the attention over the past decade.

    MENAFN0404202000450000ID1099967095

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