Iran’s NDF assets amount to $150b
May 14, 2023 - 14:0
TEHRAN – Head of Iran’s National Development Fund (NDF) has said the fund’s total assets currently amount to $150 billion, and the fund’s current balance stands at $10 billion, IRIB reported.
Speaking in a conference on Sunday, Mehdi Ghazanfari said NDF has loaned more than $100 billion to the governments which should be repaid to the fund.
“Governments have so far received more than 100 billion dollars of low-interest facilities from the fund. Claims are being received in a good process and we are providing facilities,” Ghazanfari said.
EF/MA