Stock market will stabilize soon

Speaking to reporters on the sidelines of todays cabinet meeting and in response to a question on the stock market, Farhad Dejpasand said: Fluctuations in the stock market should be accepted and this trend will stabilize shortly.

(SHADA: TEHRAN) -- At the time of the stock market growth, some sympathetic experts were contacting me and expressing their concern that this growth was happening very fast, steady and continuous, and it's a bubble while it wasn't, Dejpasand stated.

We tried to increase the depth of the market by offering stocks, and now this is being managed to reach an acceptable level in the stock market, he added.

The Minister of Economic Affairs and Finance also commented on the reform of the VAT law and said: Some of the problems that need to be reformed are currently under consideration by the parliament; they were brought up in the parliament, but have been submitted to the Economic Commission due to some problems.

The follow-up shows that these cases will be on the agenda of the Parliament's Economic Commission next week and will be revised if necessary, which will also lead to improved regulations, Dejpasand noted.