24 Nov 2024
Sunday 20 January 2019 - 16:28
Story Code : 335338

Foreign investment in Iran capital market increased 20-fold between 2013-18

Financial Tribune - The PBO says total foreign investment in the capital market grew 20-fold over the five-year period between 2013-18.

I n an analytical report on the performance of sectors enshrined in the framework of the Sixth Five-Year Economic Development Plan, the Plan and Budget Organization has looked at the performance of the capital market between 2013-18.

The sixth FYEDP covers the period from 2017 to 2022 is the third development plan related to the countrys 20-Year Vision.

The PBO says total foreign investment in the capital market grew 20-fold over the five-year period between 2013-18. The value of investments shot up from 878 ($7.7million) billion rials in 2013 to 18 trillion ($157 million) rials by March 2018.
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