BAKU, Azerbaijan, May 19. The National Development Fund of Iran (NDFI) provided $148 billion in financial support to both the government and the private sector in the past Iranian year (from March 20, 2024, through March 20, 2025), said Mehdi Ghazanfari, the fund's director, Trend reports.
Speaking at the “Development; National Development Fund and Elimination of Shortcomings” conference in Tehran, Ghazanfari stated that the fund extended $103 billion in credit to the government and $45 billion to the private sector.
He noted that the current capital of the NDFI stands at $30.7 billion. Over the past 12 years, a total of $168 billion has been repaid to the fund, yielding a return of 9.3 percent.
"The credits were directed toward oil, gas, industrial plants, power stations, refineries, petrochemical facilities, water, transportation, freight services, and other sectors," he said.
The director also mentioned that in the current year (from 21 March 2025, through 20 March 2026), three companies affiliated with the fund have been merged as part of institutional reforms.
The National Development Fund of Iran plays a key financial role in supporting the implementation of major national projects.
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