Companies Borrowed $3.2b in 7 Months: NDFI  

The National Development Fund of Iran gave 880 trillion rials ($3.2 billion) in loans in the first seven months of current fiscal year (March 20-Oct.21), the managing director of the sovereign wealth fund said. 
In terms of recipients, Mehdi Qazanfari said mines and industries topped the list of rial loans with 56%, the IRIB website reported. 
“Almost 27% of the money went to water and agriculture projects, 10% to the processing industries and 10% to help promote tourism,” Qazanfari was also quoted as saying.