Iran to spend $15b on development projects
TEHRAN – Iran will spend 500 trillion rials (about $15 billion) for implementing development projects in the current Iranian calendar year, which began on March 21, Management and Planning Organization’s Director Mohammad Baqer Nobakht said. Meanwhile, $1 billion from the National Development Fund (NDF) will be invested in industrial and agricultural plans, the IRIB quoted Nobakht as saying on Thursday. State-run organizations will spend a total of 1,000 trillion rials (about $30 billion) in the current year in infrastructure projects ...
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