Head of Iran’s Securities and Exchange Organization (SEO) Majid Eshqi has said a 10-part support package has been prepared for supporting the stock market and Finance and Economic Affairs Minister Ehsan Khandouzi is going to unveil the package soon.
The Iranian government is to list its shares in three banks and two insurance companies to raise over $1 billion in new finances as more public firms launch initial public offering (IPO) in a stock market where trade is booming like never before.
The budget law of the current Iranian year has projected 1,425 trillion rials ($9.25 billion) in tax revenues by the end of the current fiscal year (March 19).
Iranian Vice-President for Legal Affairs Laya Joneydi said to ILNA news agency that Iranian government supports the presence of women in football stadiums.
In the current fiscal year, $15 billion from oil revenues will be deposited in the National Development Fund of Iran, the government spokesman announced.
