National Development Fund of Iran
The National Development Fund of Iran (NDFI) (Persian: صندوق توسعه ملی) is Iran's sovereign wealth fund. It was founded in 2011 to supplement the Oil Stabilization Fund. NDFI is independent of the government's budget. Based on Article 84 of the Fifth Five-year Socio-Economic Development Plan (2010–2015), the National Development Fund was established to transform oil and gas revenues to productive investment for future generation. It is a member of the International Forum of Sovereign Wealth Funds and therefore is signed up to the Santiago Principles on best practice in managing sovereign wealth funds. Withdrawing any money from this fund requires Khamenei's permission.
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National Development Fund of Iran
The National Development Fund of Iran (NDFI) (Persian: صندوق توسعه ملی) is Iran's sovereign wealth fund. It was founded in 2011 to supplement the Oil Stabilization Fund. NDFI is independent of the government's budget. Based on Article 84 of the Fifth Five-year Socio-Economic Development Plan (2010–2015), the National Development Fund was established to transform oil and gas revenues to productive investment for future generation. It is a member of the International Forum of Sovereign Wealth Funds and therefore is signed up to the Santiago Principles on best practice in managing sovereign wealth funds. Withdrawing any money from this fund requires Khamenei's permission.
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The National Development Fund ...... and $61 billion by March 2014.
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صندوق التنمية الوطنية الإيراني ...... 1 مليار دولار بحلول مارس 2014.
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34,177,166
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1,021,600,315
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$35 billion USD
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Ahmad Dost Hosseini
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National Development Fund of Iran
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The National Development Fund ...... equires Khamenei's permission.
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صندوق التنمية الوطنية الإيراني ...... هذا الصندوق إذن المرشد الأعلى.
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National Development Fund of Iran
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صندوق التنمية الوطنية الإيراني
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National Development Fund of Iran
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