The President of the Islamic Republic of Iran agreed with the proposal of physicians regarding the share of the National Development Fund.
Masoud Pishvaian, the President of Iran, in his first television interview since taking office on September 1, 2024, emphasized the role of Iran’s leader in his election, saying that achieving an 8% growth is not possible without balance in the electricity and banking sectors.
Pishvaian stated in the interview that achieving an 8% growth requires a $200 billion investment and necessitates a $100 billion foreign investment.
The President of Iran also called for a 20% reduction in the Fund’s share for the current year.
While discussions were still hot on social media pages about the physicians’ statements, Iranian media reported that Iran’s leader has agreed to temporarily reduce the Fund’s share from the country’s oil and gas sales revenue.
It is planned to transfer 350 trillion Tomans as a loan from the National Development Fund to the government’s infrastructure budget.
Persian
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