Tehran Municipality is buying material and equipment for its urban expansion projects from the Iran Mercantile Exchange, a deputy mayor said Sunday.
Abolfazl Fallah said the move should help promote financial transparency in the municipality and help cut costs – among key issues that have plagued the bloated bureaucracy running the affairs of the huge metropolis for years.
“Tehran Municipality is working to promote financial transparency, cut costs and eliminate middlemen by procuring its needs from the IME,” he was quoted as saying by imereport.ir.
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