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Private Sector’s Share of Economy 20%
Economy, Domestic Economy

Private Sector’s Share of Economy 20%

The private sector accounts for 20% of Iran’s economy, says the treasurer of Iran Chamber of Commerce, Industries, Mines and Agriculture. “This meager share cannot be attractive to potential investors,” Hassan Pirmoazzen also told Mehr News Agency. Pirmoazzen noted that to encourage foreign investment, the government should lay the groundwork for further involvement of private businesses instead of considering the private sector as its rival.

 

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