19% Decline in Newly-Registered Cooperatives

A total of 261 cooperatives were registered during the seventh month of the current Iranian year (Sept. 23-Oct. 22) to register a 19% decline compared with the corresponding period of last year.
The figures were announced in the latest report released by the Statistics and Strategic Data Center of the Ministry of Cooperatives, Labor and Social Welfare.
The initial investment made in these cooperatives amounted to 85 billion rials ($755,555).