Tehran, Iran, February 3
By Mehdi Sepahvand –- Trend:
The privatization of government-owned assets in Iran has increased by 2.5 times during the Rouhani administration, which started mid-2013, an official has said.
Since the Privatization Organization was formed in 2001, worth 1.14 quadrillion rials ($35.2 billion, each USD 32,262 rials) assets have been privatized, 40 percent of which fell in the time of the Rouhani administration, the organization’s head Jafar Sobhani said, IRNA news agency reported February 3.
Prior to the Rouhani administration, only 18 percent of the privatized assets would go to private owners, while 39 percent of them went to semi-governmental entities, he said.
“This is while during the first three years of the current administration, 45 of the privatized assets went to private entities, resulting in a 2.5 times increase.”