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Iran approves transfer of government shares to seven refineries

Oil&Gas Materials 15 May 2019 20:04 (UTC +04:00)

Tehran, Iran, May 15

Trend:

At the meeting of the government's Economic Commission on May 15, the proposals for the transfer of government's share through the stock exchange and the supply of wheat and barley on the stock exchange were reviewed and approved.

The members of the Economic Commission agreed to transfer all remaining stocks owned by the parent company of the National Iranian Oil Refining and Distribution Company to the oil refining companies in Tehran, Shiraz, Isfahan, Tabriz, Kermanshah, Lavan and Bandar Abbas via the Privatization Organization and within the framework of the Privatization Law, Trend reports citing Tasnim News Agency.

The government's Economic Commission has also agreed to increase the transparency of transactions, raise the satisfaction of farmers and buyers of food products, and reduce the government's financial burden by supplying corn and barley on the Iranian stock exchange.

With the positive vote of the members of the Economic Commission of Iran, new tariffs on the sale of information services, map services, statistical services were approved in the form of databases (spatial and non-spatial).

Based on the announced inflation rate in Iran, these tariffs are increased every three years with the offer of the Iranian Statistical Center and the approval of the country's Program and Budget Planning organization.

Government officials and agencies including, among others, the Deputy Director of Strategic Planning and Control, the Centers for Statistics of Iran, the Deputy Governor for Planning of the Governors, and the Bureau of Statistics and Information of the Governors, are free of any payment for obtaining information.

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