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National Development Fund of Iran

  • EghtesadOnline: Share of the National Development Fund of Iran from the export of oil and natural gas derivatives are estimated in next year’s budget bill (March 2019-20) at $6.7 billion.

  • EghtesadOnline: A report by the National Development Fund of Iran shows that the sovereign wealth fund allocated $14.7 billion in foreign exchange in loans through 20 agent banks during the first half of current fiscal (March 21- Sept. 22.).

  • EghtesadOnline: According to the National Development Fund of Iran data, the sovereign wealth fund gave 27 trillion rials ($267 million) to agent banks for loans in the first quarter of current fiscal to June.

  • EghtesadOnline: The National Development Fund of Iran deposited 50 trillion rials ($471 million) with agent banks in the first eight months of the current fiscal that ends next March .

  • EghtesadOnline: A member of Majlis Plan and Budget Commission said the Leader Ayatollah Seyyed Ali Khamenei has consented to the allocation of $1 billion from the National Development Fund of Iran for boosting production and employment.

  • EghtesadOnline: The National Development Fund of Iran contributed $2.2 billion to help fund the Bid Boland Gas Refinery project in the city of Behbahan, Khuzestan Province, which the fund’s director says is nearly complete.

  • EghtesadOnline: Iran's sovereign wealth fund entrusted $15 billion in foreign currency resources to state-run and private banks in the first four months of the current fiscal year (March 21-July 22).

  • EghtesadOnline: About 200 billion rials ($4.76 million) have been allocated from the National Development Fund of Iran for building and equipping a new flower and plant export terminal, which will soon become operational in Tehran.

  • EghtesadOnline: President Hassan Rouhani has called on the private sector to play a serious role in the economy, stressing that his government will ensure the business community benefits from the resources of the National Development Fund of Iran–the country’s sovereign wealth fund.

  • EghtesadOnline: The government will allocate 120 trillion rials ($2.85 billion) in loans from the National Development Fund of Iran to enhance job creation in rural areas, Abolfazl Razavi, vice president for rural development and deprived areas, has announced.