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National Development Fund

  • EghtesadOnline: The Energy Ministry can withdraw $280 million from the National Development Fund of Iran, the country's sovereign wealth fund, to finish incomplete water and power projects, the ministry's deputy for economic and planning department said.

  • EghtesadOnline: In line with the state-backed policy to accelerate the growth of knowledge-based firms and startup ecosystems in Iran, cheap loans will be offered to eligible companies and emerging enterprises in less-developed villages.

  • EghtesadOnline: The National Development Fund of Iran, the country’s sovereign wealth fund signed 15 agency contracts with banks to pay $5.8 billion in foreign currency loans during the first quarter of the current fiscal year (March 21- June 21).