بیدگلی

The heads of the three branches practically showed macroeconomic policy makings parallel to the Capital Market and in the path to its growth by ratifying the 7+3 package.

Tehran, May 11 (SENA) – Saeid Eslami Bigdeli, a member of the high council of bourse mentioning the aforesaid uttered SENA: The suggested package of SEO is a signal from the government in order to support the Capital Market and in the meeting of the head of three branches, by ratifying the 7+3 package practically exhibited macroeconomic policy makings parallel to the Capital Market and its growth.

The secretary-general of financial institutions union insisting on the fact that the influence of these policies is more effective than directly injecting liquidity, added: This signal ought to be sent by every union and the paragraphs of the 7+3 package should be simultaneously implemented.

Saeid Eslami continued: The vital point is that the government, based on this package, is not receiving its income from taxes until market needs liquidity. It should be noted that the tax subject is crucial for every government and the subject that the government postponed its income from the taxes from the Capital Market, reveals the high importance of this market.

This member of the high council of bourse, stating that the companies would also be active in the second market and increase their capital in order to better the productivity, continued: With this ratification, less cash would exit the companies and this subject results in development, income and companies’ benefit increment and finally increase in the price of stocks.

He declared: However, besides implementing this package, ordered pricings of the commodities, petrochemical’s raw materials, currency exchange rate and bank interest rate are also of grave importance that should be attended in long-term and in the current conditions, we should also focus on amending the microstructures.

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