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President in a meeting with the provincial entrepreneurs and businessmen:

Economy should be ceded to private sector

President Hassan Rouhani said on Sunday that national economy should be ceded to private sector, citing inefficiency of the state-run economy.

news id: 80510 -

Sun 07 - September 2014 - 17:20

The president made the remarks in a meeting with the provincial entrepreneurs and businessmen on the second day of his visit to Khorasan Razavi province.
He said that in the modern time, the government cannot get involved in business and manufacturing sector so that the government backs privatization of the national economy.
Referring to the essential role of job generators and investors in the economic development, President Rouhani said that if the government cedes the works to private sector, it will be able to fight bureaucracy and public life will be better.
Elaborating on the ills of the national economy, President Rouhani said that Iran's economy is both state-run and monopoly.

news id: 80510

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