TEHRAN, Iran, August 4. Iran's Minister of Economic Affairs Ehsan Khandozi said the government's policies to develop the capital market haven't changed, Trend reports citing Tasnim News Agency.
Khandozi made the remarks while talking to reporters on the sidelines of a meeting between the government officials and the private sector representatives.
He said the government's strategy is to strengthen the capital market fundamentally.
Khandozi predicted a favorable condition for Iran`s capital market in the next several months, but he admitted that some international and domestic policies have led to capital market uncertainty.
According to reports, the recent measures taken by the Iranian government indicate that it is determined to support the capital market and strengthen this market’s role in the national economy.
The measures include:
- reforming prices on gas, electricity, water for petrochemical plants, downstream industry,
- reducing taxes on production units active on the stock market
- strengthen the Capital Market Development and Stabilization Fund