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» Key points of the recent decree of Supreme Leader on Strategic Policies regarding Article 44 of the constitution
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The strategic policies regarding the article 44 of the constitution of the Islamic Republic of Iran

Main objectives:
  • 80% of shares and stocks of major public companies and enterprises will be sold to the private and cooperative sectors;
  • The role of the government will change from ownership and direct management to the macro policy maker and monitoring;
  • The government should contribute to the enhancement of private and cooperative sectors in the economy and will support and create a conducive environment for their competition at the international markets;
  • Preparing the domestic enterprises to be able to conduct their activities in accordance with the prudential rules and regulations of international trading system in a targeted and a sequential process;
  • Developing human resources and capacities as well as necessary knowledge for best implementation and follow-up of these policies;
  • Development and promotion of national standards and making the quality assessment systems compatible with the international standards in all necessary areas and fields;
  • The promotion of privatization with the objective of promotion of efficiency, competitiveness and expansion of private ownership;
Ways and Means of Implementation:
  • Stocks and shares will be sold through the stock exchange market based on the market prices;
  • Dissemination of information for encouraging private and cooperative sectors and people for engagement in the process and preventing monopolies and hindering abuse of insider information in the implementation of these policies;
  • Transferring the stocks of these companies and enterprises should be done with comprehensive and careful consideration, including through ensuring their continuing function;
  • Utilizing the well skilled and experienced human resource s and capacities to reform and strengthen management of and increase efficiency in these companies and enterprises;
  • Part of the resources should be utilized for improving the monitoring and policy making through new technologies and modalities;
The sectors that are subject to these policies:
  • All governmental companies and enterprises in the field of mining, all major and big industries in all sectors, including the down stream sectors in the oil and gas sectors (refineries and petrochemical plants and complexes, as well as the distribution of refined products and gas at the domestic level), with the exception of the National Iranian Oil Company and those companies involved in the up-stream activities in oil and gas sectors
  • Some of the major banks like Tejarat, Melat, Saderat, Refah-e Kargaran,… All insurance companies except Central Insurance Company and Iran Insurance Company;
  • All air lines and shipping companies and port's management;
  • All power plants, electricity producing and distribution companies except the main national electricity grids and transmission lines;
  • Almost all activities in the area of Post and Telecommunication except major national grids and some of the monitoring area and fields;
  • All the industries affiliated to the National Army except the defense and security products;
The special provisions:
  • Almost 50% of these stocks will be allocated for the poverty eradication and will be distributed to the poor segments of the society, partially through the provincial investment companies, which should work and function based on the market forces and in the stock exchange markets;
  • In the implementation of the above-mentioned policies, there will be 50% deduction on the prices of stocks and shares for the poor segments of the society;
  • Identification of the beneficiaries from these schemes should be based on the purely scientific and based on a transparent and reliable information.

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