Tehran (IP) – Member of the Programming and Budget Commission of the Iranian Parliament said that the business license facilitation bill was approved to attract private sector capital.

Iran PressIran News: In an interview with Iran Press, Jafar Ghaderi stated: "The approval of the bill will allow private sector funds to remain inside Iran."

"With Business licensing facilitation bill, Iran's economy can save internal capital inside and also attract foreign capital for investment projects," he noted and emphasized that Iran's current rank in terms of 'starting a business and 'ease of doing business' indexes, which now are not in a good position should be upgraded.

Ghaderi pointed out that the 'ease of business' index would lead to production and job creation; hence, most businesses' licensing has been facilitated.


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