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Iran's Sovereign-Wealth Fund Approves $4.6 Billion for Water, Agriculture Ventures

The parliament has authorized the National Development Fund to provide $13 billion for water and agriculture schemes during the current fiscal year (started March 21)
$4.6 Billion for Water, Agriculture Ventures$4.6 Billion for Water, Agriculture Ventures
There are 177 dams across the country, of which 78 are hardly 40% full

Iran's sovereign-wealth fund has approved the investment of 196 trillion rials ($4.6 billion) for water and agriculture ventures in the current fiscal year (started March 21).
The latest report published by the National Development Fund of Iran indicates that of the total parliamentary allocation of $13 billion in the current fiscal year for water and agriculture sectors through the fund, over $4.6 billion have so far been allocated to such ventures, IRNA reported.

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