• 23 September 2017 - 15:29
  • News Code: 75264
مسعود کرباسیان

Minister of Economic Affairs and Finance announces the priority of foreign capital and credit lines' use is for manufacturing and job creating sectors.

Minister of Economic Affairs and Finance, Masoud Karbasian, voiced the foreign capital will be invested in manufacturing and job creating sectors, adding private sectors have priority to use foreign capital and credit lines.

He went on and noted that there are two ways for attracting foreign resources to provide foreign capital to have production and employment; first is investment and the second one is launching credit lines.

Regarding Iran's new agreements with Austria and Denmark to launch credit lines, Karbasian stated manufacturing sectors and justifiable economic activities, in particular, private sectors will benefit from these resources soon.

Minister of Economic Affairs and Finance touched upon the interest rate decrease, expressing that bank deposits' interest rate reduction coincided with offering SAKHA bonds (Islamic Treasury Documents) in secondary market of stock exchange can have a significant role in capital market's boom and we hope all these moves contribute to production and employment's burgeoning.

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