Rouhani stresses encouraging export policy to boost production needs

Tehran (IP) - President Rouhani noted the implementation of export incentive policy, stressed to use export revenues to meet import and production needs.

Iran PressIran News: In the 134th session of the government's economic headquarters on Tuesday, May 5, Hassan Rouhani said it is necessary to provide sufficient incentives for shareholders to use the assets of their stocks to exchange stocks and to encourage provincial investment companies to enter the stock market.

In the meeting which was chaired by Hassan Rouhani, the Governor of Iran’s Central Bank Abdolnaser Hemmati said the process of providing foreign exchange for basic goods essential for the country's production continues according to the regulatory program.

The Minister of Economic Affairs and Finance Farhad Dejpansad also reported on the measures taken to release the Shares of Justice.

The meeting also addressed the status of the stock market and the supply of shares of state-owned companies to the public sector.

On April 28, at the meeting of the Government's Economic Coordination Board, Iran's President Hassan Rouhani called for the more public offering of stocks of large companies and firms in the stock market, referring to the increase in public participation in the stock market.

While the coronavirus outbreak has fanned new fears of a worldwide recession, sending stock markets spiraling down to new record lows not seen since the financial crisis, TSE has been showing growth with an increase of investments.

The main Tehran Stock Exchange index has grown more than 78,000 points since the beginning of the fiscal year (March 21) to August 11.

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