14/94 ISLAMIC REPUBLIC OF IRAN SELECTED ISSUES PAPER This Selected Issues Paper on Iran was prepared by a staff team of the International Monetary Fund. The Indian government has, however, denied the report. National Development Fund of Iran: Strategic: Iran: 2011: Ireland Strategic Investment Fund: Strategic: Ireland: 2001: CDP Equity: Strategic: Italy: 2011: National Investment Corporation of National Bank of Kazakhstan: . Alternative Livelihoods and Sustainable Development; About UNODC in the Islamic Republic of Iran. : Head Office: Tose'e tower, Corner of 15th st., Ahmad Qasir Ave.,Argentina sq., Tehran, IRAN On a monthly basis, the broad money increased by 2,084 trillion rials ($7.4 billion) or 4.5%, marking the highest monthly growth last year, according to a report released by the Central Bank of . Data Themes. For decades the national economy was faced with high rate of inflation, stagnancy and Dutch disease. Iran's National Development Fund is worth about $62 billion, according to the . Established in 2011, NDFI allocates a portion of revenue earned from oil, gas, gas condensate and oil products to invest in country productivity, overseas investment and create economic incentives for private economy development . National Development Fund of Iran Blogs, Comments and Archive News on Economictimes.com English Edition | 11 May, 2022, 04:52 PM IST | E-Paper. < BACK. Tehran, 8 December 2021 - The President of the General Inspection Organization of the Islamic Republic of Iran and the UNODC Iran Country Representative met and opened the . Radio Farda's military analyst Hossein Aryan had said at the time that the government has withdrawn 2.5 billion dollars out of the National Development Fund to spend on Iran's military ambitions in Syria. At the end of 2007, the Fund's value stood at NOK 2,275 billion, or US$ 325 billion. IMF Country Report No. Google Scholar Pile-Foroush, M., Pasbani, A., & Chashmi, A. TEHRAN - Building several dams over the Aras border river and constructing walls on the zero point of the border by Turkey has led to a spread of sand and dust storms into western and southern parts of Iran, Prosecutor General Mohammad Jafar Montazeri has said. In the first half of 2017/18, recovery broadened to the non-oil sector, aided by supportive fiscal and monetary policies and a recovery in construction and services activity. The 2021 IMF Youth Fellowship Program provided an opportunity for 36 selected IMF Youth Fellows to become part of the global efforts to build forward better and join the IMF at the forefront of the response to the crisis. World General. Advisory Council on Human Trafficking About the President's Interagency Task Force Introduction Methodology for This Report Forms of Human Trafficking Underserved Populations Committee Committee on Administration of Justice Conclusion Appendix A: Index of Recommendations Appendix B: The Victims' Rights and Restitution Act and the Crime . WASHINGTON- Today, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) took action against the Central Bank of Iran (CBI), the National Development Fund of Iran (NDF), and Etemad Tejarate Pars Co. under its counterterrorism authority, Executive Order (E.O.) Bidenomics Report Card. 25 Gandhi St., Building National Development Fund of Iran, Tehran 15176-55911, Iran; Additional Sanctions Information - Subject to Secondary Sanctions [SDGT] [IRGC . Government Investment Unit Iran: National Development Fund of Iran Ireland: National Pensions Reserve Fund Italy . The database includes records of grants the National Endowment for Democracy has awarded in the past three years. 44,Neshat Street -Shiraz. IFIC has interests in various fields such as: energy, . The document was developed through a highly participatory process and articulates the collective vision and response of the United Nations system to national development priorities . National Development Fund of Iran: Strategic: Iran: 2011: Ireland Strategic Investment Fund: Strategic: Ireland: 2001: CDP Equity: Strategic: Italy: 2011: National Investment Corporation of National Bank of Kazakhstan: . We report all our data in real US dollars. The Ministry of Planning discusses with the sectoral authorities the response and recovery plan. May 8, 2022 - 18:34. . The unemployment rate declined to 11.7 percent in the first half of 2017/18, but remained . The data is refreshed periodically to ensure that new awards are reflected in search results. The National Development Fund (NDF) of Iran, the nation's sovereign wealth fund founded in 2011, is allocating 1% of its resources to the capital market stabilization fund managed by the Securities and Exchange Organization (SEO), a big step toward some market relief following a recent drop in the Tehran Stock Exchange's stocks. an academic writing a research paper or a manager writing a report, we request that . 07132318895. info@investinfars.ir The Islamic Republic of Iran is the first country in the world to identify drug prevention and drug control as one of the areas of cooperation under UNDAF. according to a Shana report on Saturday. Finance and Private Sector Development Unit. NDFI is mandated with transforming a portion of the revenues from export of oil, gas, gas condensates and oil products to sustainable wealth and productive investments, as well as saving the share of future generations from these resources. National Development Bank PLC is a Sri Lanka-based company. The data is refreshed periodically to ensure that new awards are reflected in search results. The 2016 Report from Renewable Energy Policy Network for the 21st Century (REN21) found that the estimated renewable energy share of global electricity production increased by 0.9 per cent from end of 2014 (22.8 per cent) to end of 2015 (23.7 per cent). According to Article 84 of the Fifth Development Plan of the Islamic Republic of Iran, the NDF was established to serve the welfare of the Iranian people by allocating revenues that originated from selling oil, gas, gas condensate, and oil products to durable wealth and productive economic investments. Information Center / Annual Report. 14/94 ISLAMIC REPUBLIC OF IRAN SELECTED ISSUES PAPER This Selected Issues Paper on Iran was prepared by a staff team of the International Monetary Fund. On an annual basis, it also completes more than 136 construction projects, development projects, road building and urban initiatives. The database includes records of grants the National Endowment for Democracy has awarded in the past three years. National Development Fund of Iran Tehran, Iran November 2020 - Up to 200 million euros to be withdrawn, the funds to be used to pay compensation to families of victims of the Ukrainian passenger plane shot down by IRGC in January 2020. . On April 7, Iranian Supreme Leader Ali Khamenei approved President Hassan Rouhani's request of a $1 billion withdrawal from the National Development Fund of Iran for the fight against the pandemic. The ceremony took place in the Mirrors Hall of the Ministry of Foreign Affairs in the presence of H.E. Impact of financial rules on the performance of oil funds: A comparison of Iranian and Norwegian Funds. Bidenomics Report Card. These are converted from local . Read more about Iran drops India from Chabahar port rail project over funding delay: Report on Business Standard. Thus, according to the report of the International Energy Agency, Iran alone has paid about 47% of the total subsidy allocated to the consumption of fossil fuels in the world in 2019. About the Program. by National Development Fund, to Rural Water Supply Project to fulfill its . On February 27, the International Monetary Fund (IMF) released its annual report on Iran's economy. IFIC is the investment arm of Iran's Oil Stabilization Fund (also known as the National Development Fund). Data. using approximately $400 million from the Iranian National Development Fund," said the report. Iran's sixth five-year National Development Plan (2016-2021) does not identify eliminating hunger as a national issue, especially given Iran's satisfactory status in terms of nutrition indicators. Subscribe. We report all our data in real US dollars. in the 1st National Festival of Iran Agriculture. According to annual reports by SAC, over the past four decades, the total national budget, including both the general government budget and that of public enterprises, has increased from 40% of GDP (per CBI figures) in 1980 to 91% in 2018. About Our Data. It is guided by the goals and targets of the Fifth Five Year National Development Plan 2011-2015, as well as by the Millennium Development Goals (MDGs). It is a field-driven organization counting on 166 offices around the world. Most of sovereign wealth fund capital is allocated is in passive strategies, often by external managers in public markets. Iran will draw on its sovereign wealth fund to cope with damage to its . Dr. Abbas Araghchi, Deputy Foreign Minister of Iran, Government officials and the UN Heads . The report released recently warns that the National Development Fund may . At the meeting of the Cabinet's Economic Coordination Board, the deposit of resources from the National Development Fund of Iran (NDFI) in the Capital Market Stabilization Fund was discussed and it was decided that the CEO of the NDFI would obtain and implement the necessary approvals in this regard. The Cyprus National Investment Fund (NIF) Law was prepared with technical assistance by the International Monetary Fund (IMF) in consultation with a Project Team, encompassing competent Cyprus Authorities headed by the Ministry of Finance of the Republic of Cyprus. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. NATIONAL DEVELOPMENT FUND OF IRAN (a.k.a. Fars Investment Services Center - No. . When oil prices spiked, Iran . Public Relations Department of the National Development Fund. Market Research Consultant FMC Group Sep 2017 - Mar . IFSWF Annual Review 2018. This 2018 Article IV Consultation highlights that the real GDP growth of Iran is expected to reach 4.3 percent in 2017/18. SEE ALSO: Participants in the program experienced firsthand the IMF virtual Annual Meetings and participated in a 3 . The General Inspection Organization of the Islamic Republic of Iran and the United Nations Office on Drugs and Crime in Iran opened the new round of talks on anticorruption. Copies of this report are available to the public from International Monetary . National Development Fund performance report. Iranian Parliament's Research Center says no money will be added to the National Development Fund in the next budget year due to the massive decline in Iran's oil revenues, hit by U.S. sanctions, while the fund's reserves are being spent for military and other purposes. 15:14 - May 20, 2022. a new report says. The bp Annual Report and Form 20-F 2021 available for download on this webpage constitutes the Annual Report and Accounts in accordance with UK requirements and the Annual Report on Form 20-F in accordance with the US Securities Exchange Act of 1934, for BP p.l.c. I ran is among the top remittance recipients in the Middle East and North Africa region. We think these asset classes have different risk-return profile, and it would be confusing to analyse them together. In the first half of 2017/18, recovery broadened to the non-oil sector, aided by supportive fiscal and monetary policies and a recovery in construction and services activity. In March 2020 Iran appealed to the International Monetary Fund for a $5 billion emergency loan to fight the virus. Email: info@ndf.ir Address: No.25, Palizvani (7th) Alley, Gandi . (2018). IMF International Monetary Fund IMF DOTS International Monetary Fund's Direction of Trade Statistics database INTA Iranian National Tax Administration IRR Iranian Rial LHS Left-hand-side (M)bpd (Million) barrels per day MENA Middle-East and North Africa MoM Month-on-month NDFI National Development Fund of Iran Summary Iran (Islamic Republic of) | Annual Country Report 20193 In 2019 Iran has made satisfactory progress towards Sustainable Development Goal 2 (SDG 2). According to the World Bank's new Migration and Development Brief, with $1.3 billion, Iran was the eighth . Fund provides up-to-date independently audited annual reports +1: Fund provides ownership percentage of company holdings, and geographic locations of holdings . The fund is today known as the "National Development Fund". Taageer's 2014 annual report shows that IFIC owns 12.49% of the Company's shares; Pair Investment Company: Pakistan: Investment According to the Company's website, IFIC owns 50% . National Development Fund of Iran is the manifestation of Iran's political will and determination to move in a new direction. A cross reference to Form 20-F requirements is included on page 390 of the bp Annual Report . History and Achievements ; UNODC Country Partnership Programme in the Islamic Republic of Iran, 2016-2019; Funds and Partnership; Regional and international Cooperation; National Counterparts; UNDAF 2017-2021; Vacancies and Internship; Tenders . According to him, in the current . Welcome to the National Endowment for Democracy's searchable grants database. NEXT >. year annual report (2015/16). National Development Fund of Islamic Republic of Iran > Information Center > Annual Report. 1. . national development challenges. UNDP was formed in 1965 and is headquartered in New York. The deputy head of Iran's Ports and Maritime Organisation Jalil Eslami announced shipping capacity of the country to stand at 12.5 million tons per annum. It was established in 2010 and has been enjoying a constant stream of revenues originating from oil and gas exports. The activities of the Bank, its subsidiaries and associate companies consists of the business of commercial banking, development financing, merchant banking, investment banking, leasing, housing finance, venture capital, stock broking, fund management, property finance and insurance. This page in: . Phone: +982142855000 Fax: +982188640440. He approved it on April 6. Welcome to the National Endowment for Democracy's searchable grants database. The Qatar Fund for Development's main goal is to achieve inclusive and sustainable development, by addressing priority issues of education, health and economic empowerment. Australia: 2004: 112.0: Dubai Holding LLC Dubai, UAE June 2020 . Some 18.8% of Iran's GDP in 2019 (before the coronavirus epidemic) was equivalent to about $86 billion. The deal will also lift sanctions on the National Iranian Oil Company (NIOC) and the National Iranian Tanker Company (NITC) that fund the Quds Force, which under Qassem Soleimani's leadership was directly responsible for killing hundreds of thousands of Syrians and Iraqis and for the death of at least 603 Americans in Iraq from 2003-2011. . With regard to assets under management NDFI ranks 21st among SWFs in the world. IMF International Monetary Fund IMF DOTS International Monetary Fund's Direction of Trade Statistics database INTA Iranian National Tax Administration IRR Iranian Rial LHS Left-hand-side (M)bpd (Million) barrels per day MENA Middle-East and North Africa MoM Month-on-month NDFI National Development Fund of Iran Iran's National Development Fund is worth about $62 billion, according to the Sovereign Wealth Fund Institute, which tracks the industry . (2018). the tender announcement of cdb on 6th may 2022; cdb's assurance report on use of proceeds from 2017 green bond issuance as of 31 december 2021; 2021 annual report on china development bank's 2017 green bond The Ministry of Planning distributes 284 low-cost housing for the poor in Wasit Governorate. The annual Human Development Report published by UNDP focuses global debate on key development issues, providing new measurement tools, innovative analyses and policy . NDFI National Development Fund of Iran NPRF National Pensions Reserve Fund (Ireland) NZSF New Zealand Superannuation Fund OECD Organization for Economic Cooperation and Development PF Pula Fund (Botswana) PFTL Petroleum Fund of Timor-Leste PRF Pension Reserve Fund (Chile) QIA Qatar Investment Authority SC1 Sub-Committee 1 of the IFSWF Description. National Development Fund of Iran $54.5 billion Synopsis Fund Highlights The National Development Fund of Iran, established in 2011, has a dual mandate to serve as a quasi-development bank and save oil revenues for future generations. March 28-29: Rouhani said Iran would use 20 percent of its new budget, or $6.3 billion, to combat the COVID-19 outbreak. National Development Fund of Iran: 4: Oman Investment Authority: 4: Oman Investment Fund: 4: . GDP shrank at a slower annual rate (2.8 percent) in the first quarter of 2020/21 (Apr- . Bank Keshavarzi Annual Repo rt 2016 - 2017 11 mission to provide nearly two . A new report from the International Monetary Fund (IMF) examining "selected issues" in Iran's economy, including the expansion of non-oil exports and the role of women in the labor force, places special emphasis on the importance for Iran to develop the government securities market, which is a priority under the Sixth National Development Plan (NDP). It also sought to withdraw 1 billion euros from the National Development Fund, which required the approval of Supreme Leader Ayatollah Ali Khamenei. Term investment deposits . The organization "commended the authorities for achieving an impressive recovery in economic growth after the lifting of nuclear sanctions in 2016, maintaining inflation in single digits, and stabilizing the foreign exchange . NDFI National Development Fund of Iran NIMA Unified system of foreign exchange transactions (Persian acronym) . According to the latest update on the globalswf wrbsite, there are currently 169 SWFs in the world with total assets under management of about $ 11tn. The Government of Iran does not deem Sustainable Development Goal (SDG) 2 (Zero Hunger) a priority for intervention. development in national policies supported Government Implementing Partner The Department of Environment of Iran Overall Project Budget UNDP TRAC: 50,000 USD Gov't Parallel Funding:5.7 million Dollar Gov't Cost-sharing: - Vertical Funds:3.8 million Dollar Annual Budget UNDP TRAC: 823 Gov't Parallel Funding:1,000,000 USD Published by National Development Fund of Iran. According to IMF's Middle East and Central Asia economic outlook report, Iranian government's net debt equaled to 41.5% of nominal GDP or $591 billion (based on official USD rate at . . The Islamic Republic of Iran is an upper-middle income country. It is based on the information available at the time it was completed on March 18, 2014. 1. of. The unemployment rate declined to 11.7 percent in the first half of 2017/18, but remained . Data Themes. August 21 marks the annual Day of Remembrance and Tribute to the Victims of Terrorism . This 2018 Article IV Consultation highlights that the real GDP growth of Iran is expected to reach 4.3 percent in 2017/18. Earlier reports indicated that Iran's Supreme Leader Ayatollah Ali Khamenei allocated part of the fund to military spending. Iran created the fund in 1999 to help insulate Iran from the gyrations of the oil market. Based on the law, 23% of the hard currency revenues from the above mentioned sources go to NDFI in 2013. National Development Fund of Iran (NDFI) Iran's economy is highly dependent on oil revenues. Khamenei, in March, pledged to pull 1 billion euros from Iran's National Development Fund to fight COVID-19, yet Iran's Health Ministry has received only 27 percent of those funds and cannot pay health care workers' salaries . The organizational design, governance and investment policies of the Cyprus . Planning and discussing with youth groups the preparation of the second voluntary Iraq report for sustainable development 2021. The Innovation and Prosperity Fund (NSFund) established in 2013, has so far given 11.6 trillion rials ($270 million) in loans to more than 2,120 knowledge-based firms Companies active in . During the year under study, the bank, in collaboration with Iran Water and . Contents Acknowledgements About the Council U.S. In the Annual duration product we offer both an auto renewal based product . News ID: 3478978. of fabric, and 6,000 square meters of handwoven carpet. March 1, 2017. CBI, and national-wide surveys Data to monitor and enhance National Development Fund, Budget in particular Production and Employment and Missed Value Chain. Considering 25,000 Tomans for each dollar, this amount . Iran's experience on sovereign wealth fund is dated back to 2000, where fluctuations of oil prices affected the government annual budget considerably. Sovereign wealth funds (SWFs) include a wide variety of government investors, with a common characteristic: to invest over the long-term for the benefit of future generations. NDF Proposes ECO Joint Investment Fund, Confirmed by Iranian President News 29 November 2021 0 Iranian President Raisi found NDF proposal to open ECO Joint Investment Fund a significant solution. Forty-nine percent of the shares of the Razavi oil and gas development company are owned by Astan-e Qods. Norges Bank publishes quarterly reports on the management of the Fund, as well as an annual report and an annual listing of all investments. QFFD's most important Sustainable Development Goals are: Goal 4: "Ensuring fair and inclusive education for all and enhancing lifelong learning for all"; Goal 8: "Promoting . Misr Iran Development Bank: Egypt: . ix EXECUTIVE SUMMARY T . According to the company's most recent annual report, Iran has owned a sizeable stake in it since the early 1970s.
