IFP Exclusive

Iran Leader Allows Gov’t to Withdraw $4 Billion from National Development Fund

Iran’s Leader has allowed the government to withdraw $4 billion from the National Development Fund to address a range of issues including the dust pollution engulfing the country’s southwestern provinces, a lawmaker said.

The Spokesman for the Iranian Parliament’s Budget Commission Ali-Asghar Yousefnejad said “fortunately the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has Okayed the government’s withdrawal of a total of $4b from the National Development Fund in the next fiscal year’s budget.”

According to a Farsi report by ICANA, the lawmaker noted that based on the Leader’s agreement and the budget commission’s approval, the money will be allocated for a number of issues.

Yousefnejad said the breakdown of the allotment is as follows:

$2.5b for boosting the country’s defence capabilities

$150m for the Islamic Republic of Iran Broadcasting (IRIB)

$100m for the reconstruction of quake-hit and flood-stricken areas

$100m for pneumococcal vaccine and rotavirus vaccine (child infections)

$350mn for Sistan and Baluchestan facilities (port)

$150m for tackling dust storms

$200m for water supply to villages

$250m for promotion of under pressure irrigation

$200m for watershed management

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

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