Tomans 16,000 Billion, Iranian Budget for Divestitures during the Current Year

About Iranian current year budget (Tomans 16,550 Billion) for divestitures, an official said: "The large amount of Iranian Privatization Organization (IPO) income is from settlement payments in previous years."

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%12.07, Share of OTC from the Whole State Divestitures

Since 2001 so far, Rls 1,422,319 billion of the state shares are divested which Rls 181,173 billion of them (%12.07 of whole state divestitures) are through the OTC (Over the Counter/Iran Farabourse).

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Obligatory Actions to Divest 200 State Firms to Private Sector

Iranian Privatization Organization (IPO) advisor announced about the implementation of obligatory actions to hold the tender and divest 200 state firms to the private sector, till the end of Iranian this year.

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In the First Half of Iranian This Year, Rls 5,760 Billion of State Shares to Divest

Since 20 March 2016 till 21 September 2016, more than Rls 5,760 billion of the state shares are divested.

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Irans Economy MinisterSaid:

Implementation of General Policies of Article 44 of Constitution Is a Great Revolution in Irans Economy.

Irans Minister of Economic Affairs and Finance said: “General Policies of Article 44 of Constitution issued by the Supreme Leader can make a major revolution in Irans economy.”

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The Head of Iranian Privatization Organization Expresses:

Increasing the Share of Private Sector inDivestings,in the Eleventh Government

The head of Iranian Privatization Organization expressed: “Before the eleventh government,about 18% of divestings were to private sector and 38% to semi-private which in the eleventh government, these facts reached to 35% for private sector and 27% for semi-private sector.”

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80% of Damavand Petrochemical Companys Block Stocks Divesting

The 80% of Damavand Petrochemical Companys block stocks in total base value of Rls13,000 billion will be auctioned.

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IPOAdvisor Announces;

Tomans 2,100 Billion of State Shares to Divest

Iranian Privatization Organization (IPO)Advisor announced that Tomans 2,100 billion of State Shares will be divested on August and September 2016.

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Since 20 March 2016 till Now;

Rls 1,698 Billion of State Shares to Divest

Since the beginning of Iranian current year, more than Rls 1,698 Billion of the state shares are divested by Iranian Privatization Organization (IPO).

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17% of North Drilling Companys Block Stocks Divesting through the Stock Exchange Market

The 17% of North Drilling Companys block stocks in each stock base value of Rls 4,018 will be divested through the Stock Exchange market on 17, August 2016.

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Head of Iranian Privatization Organization Announces:

Government Efforts to Privatize with the Aim of Developing Employment and More Productivity

The head of Iranian Privatization Organization stated: "State Economic Commission is obliged to help the privatization with the aim of developing employment and productivity."

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Since 2001,

94% of State Divestitures as Block

Since 2001, 94.7% of state divestitures (privatizations) are as block, 3.4% as gradual and 1.1% as preferential.

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