NDFI to Recommence Support for Capital Market Stabilization Fund

The National Development Fund of Iran, the sovereign wealth fund, is set to resume payment to the Capital Market Stabilization Fund, the CMSF head said.   
In a talk with the Securities and Exchange News Agency, Amir Mahdi Saba’ie said both the NDFI and CMSF have reached a new agreement based on which the former resumes depositing money with the stabilization fund and reimburse past pending payments.  
The CMSF was created in 2017 to help resolve the credit crunch in the bourse.