We take care of people’s capital in the stock market / The government helps to strengthen the capital market

According to Tejarat News, Mohsen Rezaei, Vice President for Economic Affairs, said in a meeting with the new members of the Supreme Council of the Stock Exchange on Wednesday afternoon that the stock market and industry are one of the best tools and sources of financing. Special for micro-capitals.

The Vice President for Economic Affairs said that until 10 years ago, 90% of the financing for actions and projects was provided by banks and 10% was provided by the capital market. “Today, the share of the capital market has increased to 20%, but this share is still not ideal.” And due to the high capacity of economic activities in the country, it is possible to increase it by up to 40%.

Rezaei said that the goal of the new members of the Supreme Council of the Stock Exchange should be to increase the share of the capital market in financing large projects, adding that the first condition for achieving this goal is to restore and strengthen people’s trust in the capital market. Strengthening the capital market is one of the serious policies and priorities of the president and the government in order to restore the people’s trust in this market and the appropriate investment tools.

According to the presidential information base, he also explained the requirements for strengthening the capital market, saying: “The first point in this direction is to deepen the market.” In this regard, the primary market must be taken seriously. The increase and growth of capital market value must first rely on the entry of primary stocks into the market to prevent the creation of bubbles and make the market value and return more realistic.

“People invest their capital in the capital market on the basis of trust, and we must take care of their capital with compassion,” he said. Provide and implement the creation of investment insurance.

Addressing the new members of the Supreme Council of the Stock Exchange, Rezaei said: “Be more sensitive to protecting the capital of micro-investors, because it is necessary for micro-investors to have a close and direct relationship with you.”

He said: “Sometimes it is necessary for small investors to have a representative on the board of directors, because their interests may not be properly defended against large investors.”

In this meeting, which was held with the presence of Seyyed Musa Mirfeiz Fallah Shams, Ali Saeedi, Ahmad Shabani, Rasoul Saadi and Ali Emami Meybodi, on strengthening the primary market, strengthening financial institutions, reforming and improving the structures and infrastructure of the capital market according to technological advances and Diversification of financial offerings was emphasized as part of stock market strengthening strategies.

The members of the Supreme Council of the Stock Exchange also pointed out that the value of justice stocks is over 400,000 billion tomans, but the effects of this capital in people’s lives are not tangible and obvious, emphasizing that the capacities of justice stocks should be used more to empower people.

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