Khandoozi’s new statement about equity shares – Tejaratnews

According to Tejarat News, referring to the pattern of people’s participation in equity shares, Khandozi said: the achievement of equity shares, considering that the country, in a sense, since 1385 and specifically since 1386, when the shares were officially acquired, until today was plagued by an incomplete and weak initial design, that initial design could neither meet the goal of increasing efficiency in the company, nor could it meet the goal of increasing justice and people’s participation in the country’s economy well.

The Minister of Economy considered the model of implementation of this plan as an issue and added: The revision of this model, which was carried out by the privatization organization, was accompanied by its own problems, and when we wanted to design the transition period, in such a way that other ministers do not appoint representatives of equity shares, despite the fact that there was not enough preparation among the people to transfer these shares to centers and provincial companies, but during this period, the transfer and assignment of the members of the board of directors of investment companies was finally done, and this was one of the measures that can be considered as a point Atef mentioned it in the performance of the privatization organization in the last two years.

Khandozi listed the planning and creation of necessary infrastructures for the production of government assets as other milestones in the operation of the privatization organization during the past two years and added: during the 10 months that have passed since the approval of the coordination council of the heads of the three powers regarding production, including the preparation of infrastructures and the transformation in the way the governance in the country looks at assets and how to connect these assets to priority construction projects are among the other things that have been implemented during this period.

Khandoozi considered structural and institutional reforms, including in the areas of banking, insurance, customs, and taxation, and the establishment of institutions such as the International Stock Exchange, as among the institutional measures that are at the top of the plans of the Ministry of Economic Affairs and Finance, and expressed hope that with the presence of Dr. Gurbanzadeh in this position, the achievement of these goals will be accelerated.

Source: Fars