Middle East Economic Survey

VOL. XLVII

No 41

11-October-2004

PRIVATIZATION

Irans Expediency Council Rules In Favor Of Privatization

Irans Expediency Council (EC), the top legislative arbitration body in the country, on 2 October ruled that the reformist government of President Mohammad Khatami could go ahead with privatizing key sectors of the economy which are protected by Articles 43 and 44 of the Iranian constitution. The EC thus overturned an earlier decision of the Guardians Council (GC) to...