A survey by the Majlis Research Center, the parliamentary research arm, says security of investments declined slightly in the first quarter of the current fiscal that ends in March 2019, compared to the previous winter.
The report said the investment security index in spring was 6.15 out of 10 (10 being the riskiest), up 0.17 point compared to the previous season when it was 5.98.
According to the influential think tank, safety of investment is maintained in its entirety once macroeconomic variables (such as inflation and forex rates) are stable or at least predictable.
It delineates that for creating a safer business environment, regulations, decisions and procedures should also be consistent, transparent, and easy to implement. And if and when there are changes, everyone concerned must be notified within a reasonable timeframe before implementation.
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