National Development Fund

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The head of Iran’s Planning and Budget Organization (PBO) has said 3.0 quadrillion rials (over $6.0 billion) has been allocated for construction and infrastructure projects in the next Iranian calendar year’s (starts on March 20) national budget bill.
News ID: 11288    Publish Date : 2024/03/03

The budget bill for the next Iranian calendar year 1402, which starts on March 21, has allocated 310 trillion rials (about $775 million) to Transport and Urban Development Ministry.
News ID: 11051    Publish Date : 2023/01/15

Head of Commercial Services Department at Iran’s Trade Promotion Organization (TPO) Ehsan Ghamari has announced the allocation of 40 trillion rials (about $134.6 million) for supporting export companies as part of the government’s Non-Oil Export Support Package for the current Iranian calendar year (ends on March 20).
News ID: 10523    Publish Date : 2022/01/10

Iran’s Ministry of Industry, Mining and Trade has announced that 19.679 trillion rials (over $468.5 million) of facilities were paid to production units as part of a program for supporting domestic production during the first six months of the current Iranian calendar year (March 21-September 22).
News ID: 10465    Publish Date : 2021/11/22

Head of the National Development Fund of Iran (NDF) has said the fund is planning to diversify its capital sources, IRNA reported.
News ID: 10451    Publish Date : 2021/10/17

Iran's Securities and Exchange Organization (SEO) has passed new regulations in order to facilitate and adjust transactions in the capital market, the SEO Head Mohammad-Ali Dehqan Dehnavi announced.
News ID: 10129    Publish Date : 2021/02/06

Head of Iran’s Trade Promotion Organization (TPO) announced the implementation of the second part of the government’s support package for non-oil export in near future, TPO portal reported.
News ID: 9978    Publish Date : 2020/10/19

Head of the parliament’s Construction Committee said that Zahedan-Chabahar railway, in the southeastern province of Sistan-Baluchestan, is going to go operational in the next Iranian calendar year (begins in March 2021), IRIB reported on Saturday.
News ID: 9874    Publish Date : 2020/08/30

In recent years, due to the government funding constraints and financial pressures, Iranian private companies have taken on the mantle of developing the country’s power plants including both large-scale thermal plants and small-scale renewable ones.
News ID: 9731    Publish Date : 2020/06/26

Head of Trade Promotion Organization (TPO) of Iran announced the launching of an integrated system for processing the requests for loans (in local currency rial) submitted to the National Development Fund (NDF).
News ID: 9634    Publish Date : 2020/05/31

Iranian government is going to announce a $1-billion support package for promoting non-oil exports in the current Iranian calendar year (began on March 20), Tasnim news agency reported on Wednesday, quoting an official with Trade Promotion Organization (TPO).
News ID: 9560    Publish Date : 2020/05/21

Export Guarantee Fund of Iran (EGFI) has increased its capital by $200 million, IRNA reported on Sunday, quoting the head of the fund. According to Afrouz Bahrami, after the mentioned increase the EGFI’s capital has reached $300 million.
News ID: 9461    Publish Date : 2020/05/10

The second gas unit of Khorramabad Combined Cycle Power Plant with a capacity of 162 megawatts (MW) was connected to the national grid on Sunday as the country approaches the peak summer period, IRNA reported.
News ID: 9316    Publish Date : 2020/05/05

Iranian Industry, Mining and Trade Minister Reza Rahmani said the country’s production units need 700 trillion rials (over $16.6 billion) of investment to realize the “surge in production” intended by the Leader.
News ID: 9209    Publish Date : 2020/04/21

Iranian transport and urban development minister said on Monday that the modernization of the country’s transportation fleet should continue in the form of a smart movement and bureaucratic processes should be minimized in this regard.
News ID: 8394    Publish Date : 2020/02/04

Head of Iran’s Planning and Budget Organization (PBO) said the oil revenues in budget bill for the next Iranian calendar year (starts on March 20, 2020) are estimated on the expectations of selling one million barrels per day (bpd) of oil at an average price of $50, ISNA reported.
News ID: 7860    Publish Date : 2019/12/09

The Ministry of Energy and the Ministry of Cooperatives, Labor, and Social Welfare have signed a memorandum of understanding (MOU) for implementing projects worth 192.81 trillion rials (about $4.59 billion) aimed to create 23,600 job opportunities across the country.
News ID: 7273    Publish Date : 2019/11/03

Iranian government has drawn over $1.25 billion from the country’s sovereign wealth fund for the sole purpose of creating jobs as the government struggles to diversify the economy to cope with sanctions imposed by the United States.
News ID: 6982    Publish Date : 2019/10/23

Iranian deputy transport minister said National Development Fund (NDF) of Iran has allocated $1.6 billion for renovating the country’s transportation fleet, IRIB reported on Tuesday.
News ID: 6324    Publish Date : 2019/09/03

Employing the potentials of the capital market and leasing facilities will be two of the new approaches of Bank Maskan, the agent bank of the housing sector, in the next fiscal year (starting March 21) to finance the ailing sector as it struggles to come out of the stagnating waters.
News ID: 1877    Publish Date : 2018/01/30

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