Iran’s Wealth Fund Could Get More Money, Boeing Deal Negotiated

Posted on 12/26/2016


Iran’s Majlis, also known as parliament, has voted to increase the National Development Fund’s share of the country’s crude oil. The increase is going to 30% from the previous 20%. This is part of Iran’s 6th five-year development plan (2016-21). According to the bill, the National Development Fund of Iran’s share of the country’s crude […]