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The government is determined to regulate the capital market, and in this regard, the Minister of Economic Affairs and Finance announced: We are making a consensus with the Ministries of Oil, Industry and the Central Bank to create trust.

IBENA- The Minister of Economic Affairs and Finance; stock exchange managers and managers of about 30 large legal holdings of the capital market gathered in Bob Homayoun of Ministry of Economy and Finance to review the stock market situation and strategies to support the capital market. The meeting stressed the need to provide the basis for transparent capital market activity. The Minister of Economic Affairs and Finance said in the meeting: Conclusive evidence shows that capital market has the highest yield in long-term compared to rival markets, and our vision is professional and long-term market. Seyyed Ehsan Khandouzi added: Information of company’s yields shows that the vision is clear and there is no worry to make an emotional decision. He added: The task of the Ministry of Economy and the Exchange Organization is to develop tools and institutions and make a transparent, efficient and predictable market, and the debt market complements the stock market, not competitor.

 The Chairman of the Supreme Council of the Stock Exchange said in this meeting that the government`s net financing of securities in last two months is very low and insignificant and in the last 40 days it has been zero Rials, although cyberspace is full of inaccurate information. From now on, the government will increasingly seek to compensate for the budget deficit by generating assets and selling surplus property. He stated that our plan is to make the economy predictable and eliminate harmful pricing to the market in stock exchang, and soon the news of changing car pricing system will be published by the Ministry of Mining Industry and Trade. I am following to anticipate the key rates of economy and, consequently, the stock market, in order to remove uncertainty from the market, Khandouzi said.

The Minister of Economic Affairs and Finance pointed out that in the past, frequent mistakes were made due to frequent changes in feed prices and exchange rates of banks and refinery rules and public calls for direct participation, which should be reduced with the cooperation of the Ministries of Oil and Mining Industry and Trade and the Central Bank and the Exchange Organization and made confidence in the market. He said: To make trust, we are making a consensus with the Ministries of Oil, Industry, Mines and Trade and the Central Bank to convey hopeful news to the economy.

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