Gov’t Divestment Trifling in H1

The government’s revenue from selling state-owned assets was almost zero in the first half (March 21-Sept.22) of the fiscal year, a report by the Supreme Audit Court (SAC) shows.
It has been said in the budget that the Raisi administration expects to make 940 trillion rials ($3.3 billion) from divestments in this calendar year that ends in March 2022.
In a report on the government’s progress toward this goal, the SAC, which is a supervisory arm of the parliament, said that the government tried but failed to divest eight companies “because there were no buyers,” the SAC website reported.