Minister Reflects on the Role of Bourse in Economy

The economy minister says the capital market improved its contribution to the economy in the current fiscal year that ends next March. 
For more than two years the government’s budget has been under mounting pressure due to the hostile economic sanctions unleashed by the outgoing US president, Donald Trump, and the devastation created by Covid-19.
Speaking on primetime TV on Saturday, Farhad Dejpasand said that the capital market funded the economy to the tune of 3,200 trillion rials ($12.3 billion) in the first six months of current fiscal year. This amount was more than last year’s total of 2,640 trillion rials ($10.2b).