Iran: Top Council Approves New Measures to Support Bourse

The Supreme Council of Economic Coordination gave the go-ahead to the government to implement a package of 10 measures to help bolster the depressed stock market.
The council is an ad hoc body comprising heads of three branches of power mandated to make critical economic decisions.
It met on Monday to discuss seven measures proposed by the Securities and Exchange Organization, the stock market regulator. The remaining three measures don’t need the council’s approval and were put it put into force last week.