Capital Market, suitable fields of investment of micro-savings
Tehran (IP) - Finance and Economic Affairs Minister Farhad Dejpasand said that one of the suitable fields of investment, especially among micro-savings, is the capital market.
Iran Press/Iran News: In response to IP's question on the government's policy to ensure stability in the capital market Farhad Dejpasand said the capital market can be effective for the country's economy in many ways, and it can be both a place for lucrative deals and keeping savings.
Speaking on the sidelines of the cabinet on August 26th, Dejpasand added that companies can also finance fixed investments and working capital through the capital market.
The minister outlined that the capital market is an environment for attracting the resources within the country and turning cash into the investment.
According to Dejpasand the process will increase production, a supply of goods and exports, and can also elevate Iran's position in the international arena.
Referring to the registration for shares of the second ETF (named Dara II) which stated early on Wednesday, Iranian Finance and Economic Affairs Minister stated that if each person buys shares worth 5 million Toman, there will be a 20% discount.