Private business leaders met the Governor of Central Bank of Iran Ali Salehabadi on Sunday at the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) to discuss their problems and challenges and find workable solutions.
ICCIMA head Gholmahossein Shafei enumerated the pressing issues like the liquidity crunch, instability and unpredictability of business activity due to the volatility in the currency market and the return of export income as the main challenges of private companies.
“Bank loans have deviated from funding the needs of the production sector in recent years,” he was quoted as saying by ICCIMA website.
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