National Development Fund

Iran’s government withdraws EUR 1 billion from national reserve to fight virus

Iran’s supreme leader on Monday approved withdrawal of EUR 1 billion from the country’s sovereign wealth fund to support a healthcare system overstretched by a major coronavirus outbreak.

Society Economy

Rouhani seeks $1 billion from Iran’s wealth fund for virus fight

Iranian President Hassan Rouhani wants to tap the country’s sovereign wealth fund for $1 billion to support a healthcare system overstretched by a major coronavirus outbreak, the state-run Islamic Republic News Agency reported.

Society Economy

Featured

Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has appreciated the significant growth of Iranian private sector producers.

Supreme Leader hails growth of Iranian private sector

A senior official with the Ministry of Industry, Mine and Trade (MIMT) says private sector production accounts for some 23% of Iran’s total auto output.

Private sector responsible for 23% of Iran’s auto output

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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