لوگوی انجمن

Iran Finance Association

Motevallian: The capital market comes with the help of the municipalities of the big cities

The Secretary General of the Assembly of Mayors of Iran’s Metropolises stated that the budget of the municipalities does not meet the urban needs. We intend to bring the capital market to the help of municipalities by implementing the “City Financing Movement”.

Today, Saturday, Azar 10th, Ehsan Motevalian, in a press conference with the media that is being held at Milad Tower Convention Center, stated that during the previous city administration, a huge debt burden was placed on the shoulders of the current managers, and it was decided that this debt would be paid off with the help of the government. be paid, stated: The urban management budget does not provide enough for urban needs, so it was decided to use other capacities.

He stated that the lack of knowledge about the capital market and municipalities had caused them to not cooperate enough in the past years. This coordination took place by the managers of the time and it was decided to hold a conference with the design of training courses while considering the goal of realizing the acquaintance of municipal experts with the capital market.

The Secretary General of the Assembly of Mayors of Iran’s Metropolitan Cities stated that banking institutions, top municipal managers, government managers will participate in this conference and added: In the meantime, a memorandum of understanding will be concluded between the metropolises, in which important issues, both in the field of transportation and the field of urban management, will be seen.

Pointing out that this event was designed and implemented for the first time, he reminded: The name “Urban Financing Initiative” was chosen with the aim of attracting all capacities without restrictions.

By stating that we are not trying to harm the people during this plan, he emphasized: It is correct to say that municipalities are currently alive with people’s money; Therefore, we are not trying to use people’s pockets for the benefit of the municipalities in this plan, but if a person intends to participate in this plan, he will invest the capital of the car into the implementation project of the municipality and the person will get the profit from the project.

The Secretary General of the Assembly of Mayors of Iranian Metropolises continued by saying that in the past there was no law regarding cooperation between the private sector (individuals) and the municipality: Before this, municipalities cooperated with contractors, and during this project, the hands of municipalities have become more open to cooperate with capital owners.

Motevalian added: We agree that municipalities do not know the language of cooperation, we organize training courses so that they can learn this process.

He added: During this plan, Bank Shahr is responsible for paying the initial costs of the implementation of this plan, in fact, Bank Shahr is introduced as the guarantor of the implementation of this plan.

The Secretary General of the Assembly of Mayors of Iran’s Metropolitan Cities continued by pointing out that the good attitude of the government has led to the increase in the satisfaction of the citizens, and reminded: We are trying to make the city and municipality cheaper to run, on the other hand, we are dealing with the heavy demands of the municipality from the government, the value of which reaches more than 140 hemat according to the documents.

In response to a reporter’s question about how to implement this plan for the common people, Motevalian stated: In the first step, this project has considered the training of municipal managers, through which managers of 20 municipalities with more than 500,000 people will be trained.

By stating that we will not put aside the benefit of the people for the fleeting benefit of the city management, he emphasized: In this regard, we have legal defects that we hope to witness the realization of the rule of the people for the people by amending the Municipalities Law.

end of message/