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EASING ENTERING OF CORPORATIONS TO THE CAPITAL MARKET

Speaking in a TV program, Iranian Minister of Finance and Economic Affairs said that facilitating entering corporations into the capital market, and financing them and their projects are among the main short-term governmental plans. He added that all information and financial statements of state-run companies, banks and insurance companies will be disclosed to the public in a month.

Dr. Khandoozi, emphasized on the importance of CODAL system as a platform to improve information transparency of capital market corporations, said that the government is aiming to disclose all information relates to banking and insurance sector companies, as transparent as the capital market corporations.

Meanwhile, joint negotiation between the Finance Ministry and the Ministry of Mine and Trade regarding Iran Mercantile Exchange (IME) development; the importance of tax discipline amendment; and taking prompt actions in banking industry were among the topics underpinned by the Minister.

Source: Securities & Exchange Organization


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