73111
Private Sector Seeks Share  of Finance
Economy, Business And Markets

Iran Private Sector Seeks Share of Finance

Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei will soon attend the next meeting of the Money and Credit Council–a financial decision-making body–to negotiate a share for the private sector from the recent stream of foreign finance flowing into the country, ICCIMA’s deputy head announced. “Our concern is that a significant part of these funds would be used in government projects that are not economically viable,” Pedram Soltani also told IBENA. “If that happens, the repayment of foreign loans in the future would be imposed on the budget and would only serve to increase the national debt,” he added.

Short URL : https://goo.gl/MWXJxa
  1. https://goo.gl/F1kbB2
  • https://goo.gl/22623j
  • https://goo.gl/j3skd1
  • https://goo.gl/5X88oo
  • https://goo.gl/yLiAVN

You can also read ...

Tehran Stocks Make Record Gains to Stand at All-Time Highs
Bulls are on parade in Tehran's equity market, and they are...
Aside from European countries, 70-75% of other countries are using EASA standards and regulations.
Plans are underway to update and implement new rules and...
Tech Titans Trying to Kill Calif. Privacy Initiative
As data-sharing scandals continue to mount, a new proposal in...
Freak Plunge in Nintendo's Stock
Nintendo has been red hot for the past few years, but...
People walk by the Paris branch of Bank Saderat Iran.
Bank Saderat Iran, which boasts the most expansive overseas...
Iran’s Share in Global Sheepskin Exports at 5%
Iran has a share of 5% in global sheepskin exports and a 1%...
Gold Coin Bullish Despite Massive Supply
Despite several schemes by the Central Bank of Iran to satisfy...
Venture Capital Funds Essential to Startup Growth
Praising venture capital funds, Iran's Vice President for...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus