The private sector is the driving engine of the country’s economy – Tejaratnews

According to Tejarat News, Majid Eshghi said this evening at the 81st meeting of Yazd Government-Private Sector Dialogue Council: The private sector is definitely the driving force of the country’s economy, considering the problems and bottlenecks of the government, and for this reason, we set a goal in the capital market that the participation of the sector To have real privacy in the capital market. The capital market is developing rapidly.

He added: “Our capital market is developing strongly and more than 800 registered companies are active in the capital market of stock exchange and over-the-counter.”

The head of the stock exchange organization continued: More than 10% of the country’s GDP was traded on the commodity exchange last year, and for this reason, there are unique opportunities in this market. We should be able to help the development of this market and provide the opportunity to use the opportunities by cooperating with each other and with the role of the real private sector.

Eshghi continued: In the commodity exchange, our policy is not to have competition; Because in this field, competition means disease in the product grade, and when serious competition occurs in a product in the capital market, we must look for a solution.

The thousandth financial institution in the stock market

The head of the country’s stock exchange and securities organization, referring to the readiness to establish a capital supply company, stated: In the next few days, we will register our 1,000th financial institution in the country, and one of our most important financial institutions is these capital supply companies, of which 11 of These companies are registered all over the country and we agree with the establishment of Yazd Capital Funding Company.

He pointed out: Of course, this license is definitely not given to a person or group, and it must consist of people and groups in accordance with the announced criteria, and if this request is registered, we will review it as soon as possible.

Emphasizing that the Financial Center of the Stock Exchange Organization cannot issue a license, Eshghi stated: If the processes and communication channels are defined correctly, the work will definitely find its way, and even now nothing special will happen in the stock market hall, and the issue of physical presence is of particular importance. Not in this direction.

He called for increasing the financial literacy of the people at different levels and said that investment should be made in this area so that we can organize specialized courses for different classes of students and different sections of the society.

Source: Radio