56598
Mostazafan Foundation Accounts for  1.5% of Iran’s GDP
Economy, Domestic Economy

Mostazafan Foundation Accounts for 1.5% of Iran’s GDP

The Islamic Revolution Mostazafan Foundation accounts for 1.5% of Iran’s gross domestic product, says the head of the foundation. “The foundation’s revenues stood at 169 trillion rials ($4.22 billion at market exchange rate) in the eight months of the current Iranian year (March 20-November 20, 2016), about 8% more than last year’s similar period,” Mohammad Saeedikia added.  Saeedikia put the total value of foundation’s projects at 160 trillion rials ($4 billion) and said plans are afoot to increase the figure to 250 trillion rials ($6.25 billion) in the next three years, Mehr News Agency reported. Mostazafan Foundation, established in 1979 to serve “the oppressed and disabled”, has now grown to be one of the largest conglomerates in Iran.

 

Short URL : https://goo.gl/sPO7k8
  1. https://goo.gl/XbZaTl
  • https://goo.gl/vtpBCm
  • https://goo.gl/3B0lUK
  • https://goo.gl/5we0ID
  • https://goo.gl/77VRdd

You can also read ...

Iran has specified the amount of prescription medicines...
Iran, Iraq Private Sector Officials Meet in Tehran
The chambers of commerce of Iran and Iraq surveyed ways of...
Finnish IT Company Renews Iran Contracts
A Finnish provider of telecom information technology solutions...
Tehran Market: Euro and USD Keep Climbing
Foreign exchange rates were again defiant and continued to...
Iran, UK Renew Trade Commitments
High-level trade representatives of Iran and the UK met on...
TEDPIX Crosses 170,000 Threshold
Major Iranian stock indexes vaulted to fresh records on...
Iran Bans Tomato Exports Until Further Notice
The Ministry of Industries, Mining and Trade has banned the...
Iran: SCI Reports Consumer Price Changes in Goods, Services Groups
The consumer price index of all 12 groups of goods and...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus