TEHRAN – “Offering stock options in the state-owned companies to the low-income families is one major priority of the Iran Privatization Organization (IPO) intended to alleviate many existing flaws in privatization of the economy,” the new head of the organization, Gholamreza Heydari Kord-Zanganeh, said on Monday.

Referring to other economic problems in the country, he stated that people should be encouraged to get involved in productive jobs and that may come about by laying proper ground and offering financial assistances in this regard. Moreover, the current market tendency of dealing in gold, currency and land ‘business’ is nonproductive by nature and it can be overcome by implementing right plans and presenting incentives to production sector, he stipulated.

Share options are the stocks generated by privatization of governmental companies, i.e., their sales, and are to be accessible to low-income families on easy terms for closing the gap between the rich and the poor.