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Iran's shares data on sale of public assets

Business Materials 20 April 2021 15:13 (UTC +04:00)
Iran's shares data on sale of public assets

TEHRAN, Iran, Apr.20

Trend:

The Iranian government has directly paid $8.3 billion to the treasury from the sale of public assets and properties to the private sector in the last Iranian year (started March 20, 2020), said the Minister of Economic and Financial Affair.

From the following figure about $7.6 billion was reached from Exchange Traded Funds (ETF) allocations that were offered at the capital market with transparency, said Farhad Dejpasand, Trend reports citing ICANA.

"About $476 million obtained by installment payments and $3.4 from allocated shares that went to the Organization of Targeted Subsidies instead of the treasury to implement the parliament law for people's livelihood. By counting the barter, a total of $30 billion public assets have been allocated to the private sector in last Iranian year that would make it a remarkable year," he added.

"The assignment of Iran Airtour company was based on the constitution, it was allocated by the fifth tender sessions. The Civil Aviation Organization of Iran has approved that Iran Airtour has no debt and there is no problem with its assignment. The company has increased employment after its sale (to the private sector) from 540 to 1,200 individuals also after the allocation company has become profitable," Dejpasand noted.

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