| Iran to privatize Post Company: official |
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TEHRAN - Iran’s state-run Post Company will be privatized by the next two years, IRNA quoted Iranian information and communication technology ministry official Saeid Sharifzadeh as saying.
According to the Constitution, shares of the Post Company will be transferred to the private sector similar to the Telecommunications Company, he added.
Under the present interpretation of the Article 44 of Iran's Constitution, hundreds of state-owned companies have been privatized with some of the shares being earmarked for distribution among 'deprived' classes, such as farmers and workers.
"In the first tranche, Justice Shares were distributed among 23 million villagers, and many rural workers have benefited under this scheme, according to Press TV.
Iranian parliament (Majlis) speaker Ali Larijani has said that transferring economic activities to the public will remove the unemployment problem.
“Implementing the Article 44 of the Constitution regarding privatization is meant to transfer economy to the public,” Larijani added.
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