Supporting Economic Development through Capital Market Growth
In a forum with Market Makers, Minster of Economic Affairs and Finance described Iran's Capital Market efficient.
IOP Public Relation-Dejpasand declared that the present status of Capital Market shows that neglected duties of this Market is returning nowadays.
Refering to the point that the Capital Market is encouraging, Dezpasandstated that the President appreciation of the Stock Market expresses the support for the Stock Market and indicates the Stock Market's status and the need for extra effort in this regard.
Pointing out that we are in economic war and we encounter some problems in financing and high amount of liquidity, Dezpasand stated that to overcome the present situation, we should go for the Capital Market. Then, the needed financing of the economy is provided and the liquidity moves to the stock market.
Large Enterprise should go for the Capital Market instead of Banking System for finance. So, we should facilitate the affairs in a way that the Large Enterprise can enter the Capital Market for the provision of Working Capital.
He declared that the perquisite for the entrance of the Large Enterprise to the Capital Market is to simplify and clarify the rules and regulations.
He also mentioned that the government expenses are provided through taxes all over the world and Minster of Economic Affairs and Finance should also seek to increase the income through tax system and follow the dynamic economy.
He pointed out to the tax discount procedure and added that according to The Constituation, any Tax Exmptation or Taxation should be based on the Parlimant Approval.