Iran's NDF proven assets USD14 billion lower than expected


(MENAFN) Proven assets of Iran-based National Development Fund (NDF) registered a lower amount than expected reaching only USD18.1 billion, according to Tehran Times. The NDF has allocated about USD52.9 billion and deposited to the fund last July. However, only USD18.1 billion of the fund will remain if its debts were repaid from the deposited money. NDF assets reached USD32 billion compared to the previous USD54.6 billion, said the Iranian First Vice President Es'haq Jahangiri.


MENAFN

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