BAKU, Azerbaijan, Oct. 20
By Elnur Baghishov – Trend:
Iran earned 330 trillion rials (about $7.86 billion) worth of revenues from the sales of state-owned shares during the first six months of the current Iranian year (March 20-September 21, 2020), Minister of Finance and Economic Affairs of Iran Farhad Dejpasand said, Trend reports citing IRIB.
According to the minister, a number of securities worth about 900 trillion rials (about $21.4 billion) were put up for sale during the reporting period.
Dejpasand added that the Iranian government has taken all possible steps to eliminate the budget deficit over this period.
The minister noted that the steps are also being taken to ensure that the sale of government shares and bonds does not lead to an increase in liquidity and inflation.
“It is estimated that the mining companies, banks, some legal companies, and other companies in Iran will be able to implement the market maker plan in full from next Iranian week,” he said.
