Iran allocates $5.4 billion to promote foreign investment
Azerbaijan, Baku, Dec. 07 / Trend F.Milad/
Iran has allocated $5.4 billion of the National Development Fund's assets to promote foreign investment plans in the country, the finance and economic affairs minister stated.
"The current year's budget act has seen incentives for foreign organsations to participate in Iranian projects," Shamseddin Hosseini added, the Mehr news agency reported.
Earlier in November, Mr Hosseini said that the National Development Fund's reserves stand at $24.4 billion and at least 20 per cent of this sum will be allocated to promoting foreign investment.