Loading...
You are here:  Top Stories  >  Economy  >  Current Article

Minister of Economy and Finance: USD 36 billion in National Development Fund

Thursday, 17 May 2012

Shamseddin Husseini said, “USD 36 billion, generated from oil sales, has been deposited in the National Development Fund and would be spent on the economically justified projects and full commissioning of key projects.” He said the fund deposits will rise to USD 50 billion by end of the current Iranian year (March 20 2013) Husseini said that the value of non-oil exports stood at USD 32 billion last year. He touched on the national economic growth rate of about 6% without dependence on oil revenues and based on the latest statistics. He said that the figure stands at 8.10%, taking oil revenues into consideration. The Deputy Minister of Industry, Mines and Commerce said that Iran’s non-oil exports exceeded USD 45 billion last year, and the figure is projected to hit USD 70 billion this year.

    Print       Email
  • Published: 516 days ago on Thursday, 17 May 2012
  • By: Iran Daily Brief
  • Last Modified: May 17, 2012 @ 3:33 pm
  • Filed Under: Economy
  • Tagged with: ,
  • Source(s):
    • http://www.irna.ir/News/Economic/$36bn-saved-in-National-Development-Fund---economy-minister-says/80134521; http://www.irna.ir/News/Economic/Iran_s-non-oil-exports-exceeded-$45bn-last-year/80134504

1 Comment

  1. [...] Deputy minister: BN must communicate better after Bersih 2.0 KUALA LUMPUR, July 13 — Barisan Nasional (BN) needs to improve its “political communication” if it wants to regain electoral support in the aftermath of Bersih 2.0, Datuk Saifuddin Abdullah has said. Read more on The Malaysian Insider via Yahoo! Malaysia News Doughty Hanson interested in Aegis's Synovate - report LONDON, Jul (Reuters) - Private equity firm Doughty Hanson is interested in buying Synovate, the market research unit of British marketing company Aegis , the Sunday Telegraph said. The newspaper said … Read more on Reuters Finance News (EU) via Yahoo! UK & Ireland Finance Salutatorians honored at JCA Nicolette DeAngelis and Daniel Partynski are the class of 2011 salutatorians. With a GPA of 4.87, DeAngelis’ favorite subjects are biology and government. She is an Illinois State Scholar and a member of Mu Alpha Theta math honor society, the National Spanish Honor Society, the National Art Honor Society (president), the National Honor Society (treasurer) and the Respect Life Club. DeAngelis is … Read more on The Herald News Deputy minister: BN must communicate better after Bersih 2.0 KUALA LUMPUR, July 13 — Barisan Nasi…m/_ylc=X3oDMTVjZnVnM2ZpBF9TAzIwMjMxNTI3MDIEYXBwaWQDSFBqazI0SFYzNEdyZXNldnZ0MDR2emJCeHpIcDN6OS5nM0Q3LndhQTFOVFp5Sy5YQ1FKd3Jaa2JWOXVtTnBDNTlfY0QEY2xpZW50A2Jvc3MEc2VydmljZQNCT1NTBHNsawN0aXRsZQRzcmNwdmlkA2tuUmU4MktJY3JyVDQ0aEU1dndfdzNad3JuZ0RBazRkdHVrQUJNcGg-/SIG=134i8m8rk/**http%3A//my.news.yahoo.com/deputy-minister-bn-must-communicate-better-after-bersih-073632767.html">The Malaysian Insider via Yahoo! Malaysia News Doughty Hanson interested in Aegis's Synovate - report LONDON, Jul (Reuters) - Private equity firm Doughty Hanson is interested in buying Synovate, the market research unit of British marketing company Aegis , the Sunday Telegraph said. The newspaper said … Read more on Reuters Finance News (EU) via Yahoo! UK & Ireland Finance Salutatorians honored at JCA Nicolette DeAngelis and Daniel Partynski are the class of 2011 salutatorians. With a GPA of 4.87, DeAngelis’ favorite subjects are biology and government. She is an Illinois State Scholar and a member of Mu Alpha Theta math honor society, the National Spanish Honor Society, the National Art Honor Society (president), the National Honor Society (treasurer) and the Respect Life Club. DeAngelis is … Read more on The Herald News WordPress › Error [...]

You might also like...

image015

NSFPC member urges FM to insist Iranian reconnection to SWIFT

Read More →