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  • 11-08-21

    Iran’s production units to boost their employment, production

    (MENAFN) Iran’s production units and companies can increase their employment and production by increasing capital through the stock market, according to Head of Iran's Securities and Exchange Organization (SEO).

    IRNA quoted Mohammad-Ali Dehqan Dehnavi as saying that “When people's resources are directed into the capital market, enterprises and companies listed on the stock exchange can have stronger financing from this market, and consequently have more investment and increases production and employment.”

    “SEO believes the government has a great role to play in the country's economy, the government is the macro policy-maker and the main regulator of the country's economy, therefore in countries like Iran where the government is directly involved in the economic decisions, it should also be present in the production sector, “Dehnavi further declared, citing the government's performance in directing people's capital to the stock market.

    The government's duty is to invite people into the capital market, adding: "The stock market is a platform that provides financing for production,” he added. 

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