National Development Fund (NDF) of Iran

Total:22

  • Piltan 2021-02-23 12:42

    Iran allocates €200m for promoting exports to Africa

    TEHRAN – Iran’s National Development Fund (NDF) has opened a €200 million credit line for the country’s Trade Promotion Organization (TPO) to use for developing exports of commodities and services to African countries.

  • Majlis 2021-02-21 15:01

    Majlis sets NDF share of oil incomes in budget bill at 38%

    TEHRAN – Iranian parliament on Sunday stipulated that the share of National Development Fund (NDF) from the country’s oil and gas export revenues in the newly amended budget bill for the next Iranian calendar year 1400 (starts on March 20) must be 38 percent if crude oil exports surpass one million barrels per day (bpd).

  • stock 2021-01-09 15:33

    NDF to inject over $595m into the stock market by late March

    TEHRAN – Iran’s National Development Fund (NDF) is going to inject 25 trillion rials (about $595.2 million) into the country’s stock market by the end of the current Iranian calendar year (March 20), as the second support package for this market in the current year, the Chairman of NDF’s Executive Board Morteza Shahidzadeh said.

  • stock market 2020-11-29 14:29

    NDF allocates $238m to stabilize stock market

    TEHRAN- Iran’s National Development Fund (NDF) has paid 10 trillion rials (about $238.09 million) for the stabilization of the country’s stock exchange market, the board chairman of the Capital Market Stabilization Fund told IRNA on Sunday.

  • $370m spent to counter SDSs in 3 years 2020-07-06 17:12

    $370m spent to counter SDSs in 3 years

    TEHRAN – Over the past three years, the government has spent about $370 million from the National Development Fund on fighting sand and dust storms (SDSs), Ali Mohammad Tahmasebi, head of the national working group for SDSs mitigation, said.

  • water 2020-06-21 13:20

    NDF to provide €50m for supplying drinking water to rural areas

    TEHRAN – Iranian Energy Minister Reza Ardakanian said the National Development Fund (NDF) is going to provide the ministry with €50 million of funding for supplying drinking water to rural areas across the country.

  • export 2020-05-10 16:08

    Export Guarantee Fund of Iran increases capital by $200m

    TEHRAN - 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.

  • NDF 2020-03-03 15:41

    Budget review committee OKs €2.795b withdrawal from NDF

    TEHRAN - Iranian parliament’s ad hoc budget review committee has passed a bill to allow withdrawing €2.795 billion from the National Development Fund (NDF) for compensating the next calendar year’s budget deficits.

  • Domestic production 2019-12-23 14:48

    NDF to allocate over $476m to support exports

    TEHRAN – Iranian government is going to allocate 2 trillion rials (about $476.19 million) from the county’s National Development Fund (NDF) to provide working capital facilities for production units which are exporting their products, ILNA reported Monday, quoting the head of Trade Promotion Organization (TPO) as saying.

  • water/electricity 2019-12-21 11:30

    NDF allocates €250m to prioritized water, electricity projects

    TEHRAN- National Development Fund of Iran allocated €250 million to implementation of water, and electricity projects with high priority in the country, ILNA reported on Saturday quoting an official with the Energy Ministry as saying.

  • €100m proposed to mitigate SDSs 2019-12-15 19:55

    €100m proposed to mitigate SDSs

    TEHRAN – The national budget bill for the next calendar year (starting on March 20, 2020) has proposed €100 million from National Development Fund to tackle sand and dust storms (SDSs), IRNA reported on Saturday.

  • 11m ha of plains require aquifer, watershed management 2019-06-15 21:43

    11m ha of plains require aquifer, watershed management

    TEHRAN – Some 11 million hectares of the country’s plains need watershed and aquifer management plans, so they must be prepared in this regard, director of watershed management at Forests, Rangelands, and Watershed Management Organization has said.

  • leader 2019-04-15 20:08

    Leader allows withdrawing money from national fund to rebuild flood damages if absolutely needed

    TEHRAN - Leader of Islamic Revolution Ayatollah Seyed Ali Khamenei has said that the government must take essential steps to rebuild damages caused by the recent floods.

  • Larijani: €1.5b to be withdrawn from NDF for defense 2019-02-24 21:27

    Larijani: €1.5b to be withdrawn from National Development Fund for defense sector

    TEHRAN – Parliament Speaker Ali Larijani said on Sunday that the Leader of the Islamic Revolution Ayatollah Ali Khamenei has agreed with the request to withdraw €1.5 billion from the National Development Fund (NDF) to strengthen the defense sector.

  • facility 2018-11-20 22:24

    NDF provides $430m for knowledge-based companies

    TERHAN – The National Development Fund (NDF) has provided 18 trillion rials (about $430 million) for knowledge-based companies over the current Iranian calendar year 1397 (ending March 20, 2019), Mehr reported on Monday.

  • Reza Rahmani 2018-11-17 00:30

    ‘NDF allocates some reserves to market stability, production flourishing’

    TEHRAN- Some portion of the reserves of National Development Fund (NDF) has been allocated to market stability and also to production flourishing, Iranian industry, mining and trade minister announced on Thursday.

  • NDF 2018-10-21 20:38

    NDF pays $766m of facilities to different sectors in 6.5 months

    TEHRAN- Iran’s National Development Fund (NDF) has paid 32.2 trillion rials (about $766.6 million) of facilities to different sectors during the 6.5-month period started on the beginning of current Iranian calendar year (March 21, 2018).

  • $200m earmarked to watershed management nationwide 2018-09-17 00:23

    NDF pays $200m to watershed management projects

    TEHRAN — A total budget of $200 million from National Development Fund (NDF) is earmarked for implementation of aquifers and watershed management projects throughout the country, deputy director for watershed management at Forests, Range and Watershed Management Organization has said.

  • NDF 2018-08-08 09:46

    12% of NDF resources allocated to shield U.S. sanctions

    TEHRAN- According to the latest decision of the heads of the three branches of government, 12 percent of Iran’s National Development Fund (NDF)’s financial resources will be granted to minimize the impacts of the newly re-imposed U.S. sanctions, IRNA quoted a parliament member as saying on Tuesday.

  • Car-renovation 2018-07-30 17:51

    Over 199,000 vehicles to be scrapped by March 2021

    TEHRAN – Iran is going to rejuvenate its transport body by scrapping more than 199,000 vehicles by the end of the Iranian calendar year of 1399 (March 20, 2021), IRIB reported on Monday.

  • development projects 2018-06-18 18:06

    NDF pays $5b of facilities to 158 development projects in a year

    TEHRAN- During the previous Iranian calendar year (ended on March 20, 2018), Iran’s National Development Fund (NDF) paid $5 billion of facilities to 158 domestic development projects, IRNA reported on Monday.

  • vaccination 2018-03-05 07:27

    $100m allocated for vaccine production

    TEHRAN — The Iranian parliament (Majlis) has approved the allocation of $100 million from the national development fund for domestic production of two new vaccines, head of Pasteur Institute of Iran said, ISNA reported on Saturday.