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National Development Fund of Iran

  • EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has approved the withdrawal of $1 billion from the National Development Fund of Iran—the country’s sovereign wealth fund—to help fight the coronavirus epidemic.

  • EghtesadOnline: The government can withdraw €3.4 billion from the National Development Fund of Iran in the next fiscal year (starts March 2020), to finance development projects.

  • 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).

  • EghtesadOnline: In a report on the misuse of the National Development Fund of Iran, the Majlis Research Center says a large part of the sovereign wealth fund has been used in sectors outside the purview of the fund.

  • EghtesadOnline: The National Development Fund of Iran, the country’s sovereign wealth fund, has signed a contract with the Export Development Bank of Iran to augment development projects worth $230 million.

  • EghtesadOnline: The National Development Fund of Iran, the sovereign wealth fund, plans to lend $10 billion in foreign currency for private sector projects in the current fiscal (March 2019-20).

  • EghtesadOnline: According to a report published by National Development Fund of Iran on its website, the sovereign wealth fund, the fund gave foreign currency loans through 20 agent banks in the first 9 months of the previous year (March 21-Dec. 21 2018).

  • EghtesadOnline: Governor of the Central Bank of Iran says the government decision to withdraw money from the National Development Fund of Iran, the country's sovereign wealth fund, could be an opportunity to help stabilize the forex market.

  • EghtesadOnline: CEO of the National Development Fund of Iran, the country’s sovereign wealth fund, has outlined the roadmap for the fiscal year that started on March 21.

  • EghtesadOnline: A lawmaker said Monday that President Hassan Rouhani has issued a decree to withdraw €2 billion from the National Development Fund of Iran after receiving permission from the Leader Ayatollah Seyyed Ali Khamenei.