Total assets of Iran's NDF to grow by USD17.5 b


(MENAFN) Iran's National Development Fund (NDF) expects its total assets to boost by USD17.5 billion in 2014, according to Tehran Times. Iran plans to allocate 31 percent of its oil income to the National Development Fund (NDF) in 2014, said the Iranian vice president for planning and strategic supervision, Mohammad Baqer Nobakht. The NDF"s input should be boosted by 3 percent by 2015, according to Iran"s Fifth Five-Year Development Plan.


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