NDFI Lectures the Gov’t on How to Do a Budget  

The National Development Fund of Iran can provide the country’s budget from profits on its investments albeit if the sovereign wealth fund gets the entire oil export revenue and sets its sights on high value-added, according to NDFI head of board of directors.
“To fact-check this claim, I propose the government and the Oil Ministry entrust the NDFI with some of their oil/gas fields. By doing so, they will not only have settled their debt to the fund, but also test the fund and see how it invests in and  profits from upstream energy sectors,” Mehdi Ghazanfari was quoted by IBENA as saying.
Under such circumstances the NDFI and the nation will have much to gain in that the fund will cooperate with other economic sectors and private enterprise to achieve lofty national goals, Ghazanfari said.