Capital Market Role Diminished in Q1  

Iran’s capital market made available 635 trillion rials ($2 billion) in the first quarter of fiscal 2022-23 (ending June 21). 
This was 31% lower compared to 926 trillion rials ($2.9b) reported in the first quarter of last year, the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM) reported. 
The diminishing role of capital market in funding businesses reflects, among other things, a deep downturn in the market and an unending pattern of capital outflow. 
Equity financing and debt financing are two options available to businesses in the capital market to raise funds. Data released by the Securities and Exchange Organization (SEO) show that both options faced setbacks in Q1.