Iran's TPO to Allocate $45 Million to Incentivize Non-Oil Export

Iran’s Trade Promotion Organization will support to exporters to the tune of 10 trillion rials ($45 million), the TPO head said.
Hamid Zadboum said the funding is a clause in the March 2021-22) fiscal budget, IRNA reported. Like past years, part of the help will be in interest rate discounts on loans, according to Zadboum.
Export loans are at 14% but companies eligible for discount can pay 4%. Eligibility is subject to credibility and the capacity to export.