200 Export Firms Borrowed $130m

The Trade Promotion Organization of Iran gave export incentives to the tune of 33 trillion rials ($132 million) to 200 plus companies, the TPO chief said.
Hamid Zadboum said the support was in the framework of a government-backed package to boost non-oil export in the last fiscal that ended in March.
The funding was made available from the National Development Fund of Iran, the sovereign wealth fund, and partially from banks.
“The entire package was worth 40 trillion rials ($159 million), half of which was procured from the NDFI and the other half from banks,” Zadboum was quoted as saying by IRIB.