Governments Censured for Improper Approach to NDFI

Senior financial and economic officials found flaws with the functioning of the National Development Fund of Iran and underscored the need to improve its efficiency.
One of the main concerns is the government(s) overreliance on loans from the NDFI in recent years to cover its budget deficits. 
Speaking at a “Conference on Sovereign Wealth Fund and Intergenerational Justice”, Mehdi Qazanfari, the NDFI chief criticized the way government officials approach the fund and its mandate.
“We have no mandate to [help] compensate government budget deficits. We are not a bourse nor a bank to be solicited whenever administrative bodies need money,” local media quoted him as saying.