Next year’s budget bill estimates privatization at $1.19b

TEHRAN- The national budget bill for the next Iranian calendar year 1398, which starts on March 21, 2019, has envisaged transferring 50 trillion rials (about $1.19 billion) worth of state-run shares to the private sector, Mohammadreza Pour-Ebrahimi, the chairman of the Parliament Economic Committee, told IRNA on Tuesday.

Privatization envisaged in budget law achieved by 60%: IPO head

TEHRAN- Some 60 percent of the target for divesting state-run shares to the private sector envisaged in the budget law for the present Iranian calendar year (began on March 21) has been already achieved, according to the head of Iranian Privatization Organization (IPO).

630 enterprises to be privatized by March 2019

TEHRAN- The shares of 630 Iranian enterprises are planned to be transferred to the private sector by the end of current Iranian calendar year (March 20, 2019).

By Mahnaz Abdi

Companies management should be revised in privatization

Downsizing the government has been an economic agenda of the countries with a centrally planned economy in the recent century. 

State-owned shares worth over $110m to be divested by late March

TEHRAN- Transfer of the state-run shares to the private sector during the two-month period ending on the last day of current Iranian calendar year (March 20, 2018) will reach 5 trillion rials (about $110.37 million), according to the head of Iranian Privatization Organization (IPO).

Nearly $90m of state-owned shares divested in 10 months

TEHRAN- Iranian Privatization Organization (IPO) has transferred 4.054 trillion rials (about $89.59 million) worth of the state-run shares to the private sector during the ten-month period ended on January 20, Tasnim news agency reported on Monday.

By Mahnaz Abdi

Factors slowing down privatization in Iran

The law on implementation of the general policies of the Article 44 of Iran's Constitution on privatizing state-owned companies was declared in 2006 in a bid to downsize the government and promote the private sector’s role in the national economy.

Over $419m of state-owned shares to be divested in a week

TEHRAN- Iranian Privatization Organization (IPO) will transfer 13.6 trillion rials (above $419 million) worth of the state-run shares to the private sector during the last week of Farvardin, the first month of the newly started Iranian calendar year 1396 (April 17-23).