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Government Incentives for Private Sector and Cooperatives Participation in Privatization

2018/03/26 | 12:13 code : 8936 Daily News
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Deputy of Iran Privatization Organization (IPO) stated ?Employing step-up loans, reducing interest rate on installments and lengthening installments repayments duration are among measures taken to facilitate real private sector participation in divestitures of state-owned assets by Iran Privatization Organization (IPO). ?
Government Incentives for Private Sector and Cooperatives Participation in Privatization

Deputy of Iran Privatization Organization (IPO) stated “Employing step-up loans, reducing interest rate on installments and lengthening installments repayments duration are among measures taken to facilitate real private sector participation in divestitures of state-owned assets by Iran Privatization Organization (IPO). “
Public relations of Iran Privatization Organization (IPO) reported Zohreh Alipour, deputy of IPO indicated that aim of divestitures in Iran Privatization Organization is not to generate revenue and explained “Reducing government involvement and relinquishing economic activity to private sector are some of the main objectives of privatization for this reason government has devised incentives which appeal to private sector and cooperatives. “
Deputy of stock divestitures and companies of Iran Privatization Organization (IPO) added “For this reason, utilizing step-up loans, reduction of installments interest rates and lengthening installments repayment are the advantages that are offered to the real private sector. “

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