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NDFI Gives $125m to Boost Non-Oil Export

NDFI Gives $125m to Boost Non-Oil Export
NDFI Gives $125m to Boost Non-Oil Export

The National Development Fund of Iran has injected 20 trillion rials ($125 million) to agent banks to help boost non-oil exports, a deputy industry minister said.
"The money was deposited with the Export Development Bank of Iran, Cooperative Development Bank, Agriculture Bank and Venezuela Bi-National Bank.
The banks are to extend loans to exporters of non-oil goods at 14.5% interest as a part of incentives aimed at boosting non-oil exports, Hamid Zadboum, was quoted as saying by Fars News Agency.

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