Iran spends $10 billion on quick-impact projects
Azerbaijan, Baku, Feb. 21/ Trend M. Moezzi
The government of Iran allocated approximately $9.8 billion for quick-impact projects for the current year, Mehr news agency reported the country's central bank chief as saying.
In a visit to Iran's northwestern province of Kurdistan, Mahmoud Bahmani said up to now $6.5 billion of credit and funding have been paid out to help speed along development projects. The rest of the funds will be paid by the end of this year (Iran's solar year ends on March 20).
Iran's government has given first priority to completing unfinished projects, said Mr. Bahmani.