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Market Makers to Get 5% of Divestment Income

Market Makers to Get 5% of Divestment Income
Market Makers to Get 5% of Divestment Income

The Majlis has allowed the government to allocate a maximum 5% of its earnings from divesting shares in the bourse to market makers. 
The decision was made in an amendment to the 2021-22 fiscal budget bill to improve liquidity of stocks, according to IRNA, the state news agency.
Reimbursements must be made after approval from the Economy Ministry and as per policy set by the High Council of Securities and Exchange. 

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